Permian Basin

U.S. oil output in the Permian Basin is expected to slow in 2025, as industry leaders focus on profitability rather than aggressive expansion.

U.S. oil and gas M&A activity hit $105 billion in 2024, driven by natural gas demand and refracking opportunities as acquisition targets shrink.

APA Corp is exploring a $1 billion sale of its Permian Basin assets to streamline operations and reduce debt, aligning with its strategic focus on shale production.

The US oil industry is set to witness one of its biggest mergers in history, as Diamondback Energy Inc. and Endeavor Energy Resources are in final discussions to create a …

Exxon Mobil Corp. is close to sealing a deal to buy Pioneer Natural Resources Co., a leading shale oil producer, in what could be the biggest takeover of 2023, according …