Permian Basin
The Latest
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Shell To Sell Permian Basin Business To ConocoPhillips For $9.5 Billion
Royal Dutch Shell agreed to sell its Permian Basin to rival ConocoPhillips for $9.5 billion in cash. Royal Dutch Shell agreed to sell its Permian Basin to rival ConocoPhillips for $9.5 billion in cash. -
Pioneer Natural Resources To Acquire Parsley Energy For $4.5 Billion
Pioneer Natural Resources has reached a merger agreement with oil and gas producer Parsley Energy. Pioneer Natural Resources has reached a merger agreement with oil and gas producer Parsley Energy. -
US Oil Producers Poised To Slash Investments By 15%
US oil producers are facing a bleak 2020 as prices fall and oversupply continues. Then there's the huge negative impact of Covid-19 on China. US oil producers are facing a bleak 2020 as prices fall and oversupply continues. Then there's the huge negative impact of Covid-19 on China. -
Apache Corp Stocks Rise With Major Oil Find In South America
Initial figures show huge profits potential for major oil discovery, Apache boss says Initial figures show huge profits potential for major oil discovery, Apache boss says -
Massive Shale Oil Production Boosts ExxonMobil Profit and Revenue
Driven by massive shale oil production, Exxon Mobil Corporation reported upbeat earnings for Q4 2018 and for the full year. Driven by massive shale oil production, Exxon Mobil Corporation reported upbeat earnings for Q4 2018 and for the full year.