Brazilian state energy giant Petrobras (NYSE: PBR) has announced a new oil discovery in the pre-salt Santos Basin, identifying “high-quality oil without contaminants” at the 3-BRSA-1396D-SPS ...

Oklahoma’s budget hangs in the balance as Republicans and Democrats battle over how much to raise gross production taxes on oil and gas wells. But there’s a third party at the bargaining table ...

The Railroad Commission of Texas has raised alarms about increasing underground pressure in the Permian Basin, resulting from the disposal of wastewater from shale oil wells, reported Bloomberg.

Petróleo Brasileiro S.A. - Petrobras PBR has announced a significant oil discovery in the pre-salt layer of the Santos Basin. The oil has been discovered at 3-BRSA-1396D-SPS wells, located in the ...

Murphy Oil Corp. discovered oil at the Lac Da Hong-1X (Pink Camel) exploration well in Block 15-1/05 in Cuu Long basin 34 miles offshore Vietnam and 3 miles southwest of Murphy’s Lac Da Vang ...

The case centers on the Uinta Basin Railway, a proposed 88-mile (142-kilometer) expansion that would connect oil and gas producers to the broader rail network, allowing them to access larger markets.

Before joining DOGE, Hassen spent nearly two decades as an executive at Basin Holdings, an enterprise involved in the manufacture, sale and servicing of oil rigs worldwide. A financial disclosure ...

Already, the drop in oil prices is spurring American shale producers to cut spending in the Permian Basin. Still ... at the oil storage hub at Cushing, Oklahoma, also shrank.

As you're working through the budget process…as you're working through what has to stick and what has to go, the Permian Basin Oil Theft Task Force is very important." - Congressman Tony ...

Petrobras (NYSE:PBR) said Friday it has made a new oil discovery at an exploration well in the pre-salt Santos Basin off the coast of Brazil, identifying the presence of oil "of excellent quality ...