Devon Energy (NYSE:DVN) has agreed to a US$58b all stock merger with Coterra Energy, creating one of the largest U.S. shale ...
YPF SA (YPF) reports its highest EBITDA in a decade and surpasses shale oil production targets, despite a decline in annual revenue.
The era of falling breakeven costs in the U.S. shale patch may soon come to an end, and a new era of higher costs and depleted core inventory could reduce America’s sway in meeting the global demand ...
As a heavy fuel importer, Pakistan could see its current account deficit widen by $1.5–$2 billion for every $10 oil increase.
It has been an eventful year for U.S. shale oil and gas. Low prices—at least in oil—a double down on capital discipline, and drilling efficiency gains that pushed the U.S. total to a record high again ...
Oil tankers have mostly stopped entering or exiting the Persian Gulf as Iran threatens to block the Strait of Hormuz amid an ongoing war with the United States that has killed its supreme leader and ...
BP’s overall output plunged as the company shed crude and gas assets, and trimmed upstream investment. Its market capitalization is still almost 40% below where it was in early 2019. The company now ...
The internet is filled with claims that oil is undervalued compared to, for example, gold prices, the stock market, historical levels and so forth, even as the President calls for prices to fall ...