News

A test of oil-eating microbes is underway at a retired fossil-fuel field in the Central Valley An oil pump jack at the Midway-Sunset Oil Field near Derby Acres, Calif. (Bloomberg / Getty Images) ...
Shell SHEL 0.19% will buy TotalEnergies’ TTE -0.25% stake in an oil field offshore Nigeria for $510 million, increasing its interest in the country’s deep-water Bonga field. Shell said ...
In a statement to The Texas Tribune, Darby called oil field theft “a complex, highly coordinated criminal enterprise, often with direct connections to cartels.
Texas creating task forces to combat Permian Basin oil field thefts A task force led by the Federal Bureau of Investigation, he said, estimated that operators in the Permian Basin lose up to ...
“Sometimes the oil field still surprises us.” One person who’s not surprised is Sarah Stogner, the district attorney for three West Texas counties in the Permian Basin.
Oil and gas explorers are prioritizing low-risk, near-field exploration due to financial constraints and a shrinking pool of prospective basins, leading to a surge in infrastructure-led ...
U.S. oil companies are pulling back as lower commodity prices take a toll. After two months of crude oil prices hovering around $60 a barrel, companies are shutting down drilling rigs and laying ...