David Wethe

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.

(Bloomberg) – Oil and gas producers' swelling power needs are hitting the West Texas region just as technology companies target the world's most productive shale basin for data centers, sending electricity demand soaring.

Chemicals called surfactants can help the industry stem a slowdown in crude output growth.

The advances in surfactants are part of the industry’s years-long campaign to improve technology and lower costs.