Shell is reportedly working with advisers to evaluate a potential acquisition of BP, though it's waiting for further stock ...

US rig count drops to 584 as Permian Basin drilling hits its lowest level in over three years, reflecting a nationwide ...

Shell Offshore and Shell Pipeline Company (SPLC), subsidiaries of Shell, have completed the previously announced agreement to ...

The sheet of tight dean sandstone, up to 300 ft thick, that sits between Spraberry and Wolfcamp in the Midland Basin has ...

A COSL-owned drilling rig has been mobilized to the WZ12-8W platform for a one well campaign. This well will produce an estimated 500 b/d of oil and recover an incremental ...

Hess Corp. landed its first 4-mile laterals in North Dakota’s Bakken Shale in February, part of a broader “shale evolution” underway in the Williston Basin, the company said.

U.S. rig count increases for the second week in a row, marking the first consecutive rise since February, according to Baker ...

On a weekly U.S. oil production basis, volumes reached an all-time high of 13.63 million barrels per day in early December ...

After a promising start to the year, the energy industry has once again declined after finding itself right in the crosshairs ...

Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the ...

Raymond James lowered the firm’s price target on ConocoPhillips (COP) to $103 from $124 and keeps an Outperform rating on the shares. The world appears to be dramatically different for the ...

U.S. drilling activity sees a slight uptick with two additional rigs, marking the first increase in four weeks.