U.S. shale oil producers face their most serious crisis since the pandemic, as the oil price selloff triggered in part by President Trump's trade war has pushed some to the brink of failure.

Sable Offshore said it was attempting to repair a corroded pipeline responsible for a 2015 oil spill, but California ...

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

Baker Hughes reports a significant drop in U.S. rig count due to tariff-fueled energy market turmoil, with Texas seeing the ...

The number of oil rigs in the US fell by nine during the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil dropped to 480, while gas added ...

The US drilling rig count decreased by 7 units during the week ended Apr. 11 to reach a total of 583 rotary rigs working, Baker Hughes Inc. reported. That compares with 617 ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as traders ...

U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 1 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as ...

Despite US President Trump's efforts to boost U.S. oil production, the industry faces potential output cuts and job losses.

Unit Corporation has outperformed SandRidge Energy and the Energy Select SPDR ETF with strong returns and strategic moves.

A new Texas bill limiting oilfield inactivity could ease environmental harms and taxpayer burdens from orphan oil and gas ...