Colombian president Gustavo Petro has ordered the state-run oil company Ecopetrol to cancel a joint venture with U.S.
Global upstream M&A activity is expected to slow down in 2025 following a peak driven by US shale consolidation.
The total value of US shale sector mergers reached the third highest ... “Increased volatility in oil prices may have also deterred some buyers, while there is rising enthusiasm for gas and ...
Ecopetrol SA shares plunged after Colombian President Gustavo Petro called on the oil producer to sell its operations in the US, citing his government’s position against fracking, which he says is ...
Oxy’s 1.22 million boepd with 58% oil and the Permian as its prime basin ranked it third on the Enverus list. The rankings also showed that the U.S. shale patch has mastered the art of ...
What, if anything, can we infer from the last eighteen months of oil production and price behavior? What can we learn from the evolution of the post-shale U.S. natural gas market? Some argue that ...
The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as it employed a decade ago. By Rebecca F. Elliott Rebecca F. Elliott spoke ...
The share of U.S. supply coming from the Permian Basin of Texas and New Mexico, the world's largest shale oil-producing region, is expected to continue to grow and account for more than half of ...
But lower oil and gas prices would make shale companies less profitable — and less likely to follow Trump’s command to “drill, baby, drill”, executives warned. “Prices will be a bigger ...
The United States Geological Survey (USGS) classifies shale oil and gas plays as “continuous petroleum accumulations.” These reservoirs are not discrete, conventional traps formed by hydrocarbon ...