“Building on the momentum of 2024, USEDC is entering 2025 with a similar growth mindset, aiming to invest up to $1 billion in ...

Diamondback Energy, a major player in the shale oil industry, has announced its acquisition of certain units of Double Eagle ...

Two Fort Worth energy entrepreneurs sold one of the largest remaining large energy assets in productive West Texas.

Permian Basin-focused Diamondback Energy emerged as the region’s reigning independent producer giant a year ago following its $26 billion buyout of privately-held Endeavor Energy Resources.

For 2025, Targa expects full-year Ebitda to rise by approximately 15% over 2024 to $4.65 billion-$4.85 billion. It expects to spend between $2.6 billion-$2.8 billion in growth capital expenditures and ...

Ian writes on fossil energies, climate, and transition to renewables. The Permian remains the premiere U.S. basin. The peak of crude oil production in the Permian before the pandemic was 4.9 MMbpd.

The deal was a first step for Diversified Energy to gain access to the Permian Basin, executives said on the conference call, whereby they could add on to their portfolio through bolt-on acquisitions.

The newest deals, signed separately with undisclosed buyers, include non-operated Rockies assets and non-core Permian basin assets with respective production impacts of ...

BOGOTA (Reuters) - Colombian energy company Ecopetrol said on Monday it has reached an agreement to renew its oil joint venture with Occidental Petroleum in the U.S. Permian basin in Texas.