The Federal Government has declared an end to what it described as the “era of speculative licensing,” where companies acquire oil blocks but fail to develop them, hence putting an end to ...

Texas regulators are warning that wastewater from fracking in the biggest US oil basin is causing a “widespread” increase in underground pressure — a development that risks hindering crude ...

Shell SHEL 0.53% will buy TotalEnergies’ TTE 0.69% stake in an oil field offshore Nigeria for $510 million, increasing its interest in the country’s deep-water Bonga field.

Sultan Ahmed Al Jaber has turned Abu Dhabi National Oil Co. into one of the world’s most ambitious—and well-funded—energy companies.

Texas lawmakers passed a suite of bills that officials said are crucial to combat losses in the state’s largest oil field.

Authorities say an explosion at a storage and disposal plant in the oil fields of eastern Montana Wednesday night was felt by people 10 miles away but caused no injuries or fatalities. Photo ...

(Bloomberg) -- Texas regulators are warning that wastewater from fracking in the biggest US oil basin is causing a “widespread” increase in underground pressure — a development that risks ...

A Long Beach oil field will soon be restored to roughly 156 acres of public wetlands. City leaders and oil operators came together Thursday at the groundbreaking ceremony on the Synergy Oil Field ...

Oil production has increased at the Tengiz field in Kazakhstan, which is run by a Chevron-led joint venture that includes Exxon Mobil. Nanna Heitmann for The New York Times ...

Kazakhstan's oil production has risen by 2% in May, an industry source said on Tuesday, an increase that defies pressure from OPEC+ on the Central Asian country to reduce its output.

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

ODESSA, Texas -- At least three times a week, Darin Mitchell gets the call. Oil drums have been stolen. Copper wires were yanked. Other field equipment at an oil and gas facility was pilfered. The ...