Once a relatively rare presence in the US oil industry, firms overseeing the assets of ultra-rich families — including the ...

The boom in production of oil and natural gas from shale formations became a significant ... oil and gas extraction, oil field machinery, petroleum refining, and petrochemicals—accounted for ...

UK supermajor BP has discovered that some of its US shale oil reservoirs are unexpectedly being “recharged”, offering a potential route to significantly increase profits at its BPX Energy ...

Global upstream M&A activity is expected to slow down in 2025 following a peak driven by US shale consolidation.

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

The U.S. leads in oil, gas, and LNG exports ... thanks to prolific shale formations like the Marcellus, Utica, and ...

The president says lower prices could solve a range of problems, but finds early resistance in the oil market.

Kazakhstan has persistently exceeded its output quota of 1.468 million barrels per day (bpd) under the production-curbing deal struck by the Organisation of the Petroleum Exporting Countries and ...

The company is also focusing on offshore expansion and acquiring deepwater blocks, diversifying its portfolio beyond its ...