Permian Basin

The Latest

  • Shell To Sell Permian Basin Business To ConocoPhillips For $9.5 Billion
    STOP OPERATIONS
    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
    Oil and Gas
    Pioneer Natural Resources has reached a merger agreement with oil and gas producer Parsley Energy.
  • US Oil Producers Poised To Slash Investments By 15%
    Oil refinery
    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
    OIL PRODUCTION
    Initial figures show huge profits potential for major oil discovery, Apache boss says
  • Massive Shale Oil Production Boosts ExxonMobil Profit and Revenue
    Thank you, shale oil
    Driven by massive shale oil production, Exxon Mobil Corporation reported upbeat earnings for Q4 2018 and for the full year.