President Donald Trump’s call for a new oil boom will be thwarted by Wall Street’s reluctance to approve another drilling binge, shale bosses have warned. Total US oil output ...

Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

is exploring a sale of part or all of its assets in the Denver-Julesburg Basin, which could be valued at more than $4 billion, people with knowledge of the matter said. The shale oil producer is ...

Reviving Argentina’s economy has long seemed like flogging a dead horse. But in northern Patagonia lies a resource that just ...

Shale oil basins in North America have been one of the most important sources of production growth over the last decade, but with Chevron dialling back spending in the Permian and Pioneer's CEO ...

HOUSTON, Feb 6 (Reuters) - Growth in oil output from the U.S. Permian basin, the country's top oilfield ... to 300,000 bpd from the shale formation spread across Texas and New Mexico, down ...

The total value of US shale sector mergers reached the third highest level on record in 2024 despite a fourth quarter ...