Permian Basin

2 Energy Stocks You Can Buy Right Now Before They Surge Even Higher

Business
Jessica Roberts

Energy stocks have gotten off to a hot start this year. The average energy stock is up more than 10% as measured ...

Murchison Oil and Gas fined $2 million for wastewater spills near Carlsbad

U.S.
Amanda Smith

Two spills of oilfield wastewater that were not cleaned up for years near Carlsbad landed a Permian Basin oil company $2 million ...

Exclusive-Occidental explores $20 billion-plus sale of Western Midstream, sources say

Business
Jessica Roberts

By David French and Anirban Sen (Reuters) -Occidental Petroleum is exploring a sale of Western Midstream Partners, a U.S. natural gas-focused pipeline ...

APA to Buy US Shale Oil Driller Callon Petroleum for $4.5 Billion

Business
Jessica Roberts

(Bloomberg) — APA Corp. agreed to acquire Permian Basin shale explorer Callon Petroleum Co. for $2.6 billion, the latest in a wave ...

Saudi Arabia may wage oil ‘market share war’ against the US, reversing output cuts and unleashing a flood of supply, energy expert says

Business
Jessica Roberts

Saudi Arabia may flood the oil market next yearGety Saudi Arabia may wage a “market share war” against the US and flood ...