David Wethe

The US Department of Interior is slashing the bonds oil and natural gas companies must provide when drilling on federal land by 95% in a move to encourage more energy exploration.

Magnolia Oil & Gas Corp. has emerged as the front-runner to acquire closely held WildFire Energy for more than $4 billion in what would rank as its largest-ever acquisition, according to people familiar with the matter.

(Bloomberg) – Magnolia Oil & Gas Corp. has emerged as the front-runner to acquire closely held WildFire Energy for more than $4 billion in what

Kimmeridge Energy Management Co., an outspoken shale investor, criticized Devon Energy Corp.’s divestment program as too slow after the driller’s $25 billion takeover of Coterra Energy Inc.

US drillers are letting production rise again — just not the way they used to.

SLB, the world’s biggest oil field services provider, said it will take time for full production capacity to return to the Middle East and will require a durable resolution to the US-Iran conflict.

Devon Energy Corp. is exploring a sale of its Eagle Ford and Powder River shale assets as part of a streamlining of its portfolio, which together could fetch more than $4 billion, according to people familiar with the matter.

Europe will start losing energy imports in 2027 when onerous new methane regulation comes into force, according to ExxonMobil Holdings Corp.’s Darren Woods.

ConocoPhillips announced that Chief Executive Officer Ryan Lance will retire and be succeeded by his financial chief Andy O’Brien, effective Sept. 1.

ConocoPhillips announced that CEO Ryan Lance will retire and be succeeded by his financial chief Andy O'Brien, effective Sept. 1.