The Missouri Department of Natural Resources is taking a major step in addressing the issue of abandoned oil and gas wells near Kansas City.

The firm’s cost advantage is underpinned by a long runway of drilling opportunities in low-cost areas. It operates exclusively in the Permian Basin, which is the cheapest source of crude oil in the US ...

By 2030, the Johnnie Walker brand owner wants to “become net zero carbon in our direct operations”, covering Scopes 1 and 2.

EIR analyst Andrew Dittmar called the deal a priority for Diamondback “because it represents one of the last current ...

Diamondback Energy plans to buy roughly 40,000 net acres in the Midland basin from Double Eagle IV Midco LLC for roughly US$4 billion, the Texas operator announced Tuesday. Diamondback will pay for ...

Diamondback Energy intends to acquire subsidiaries of Double Eagle IV Midco for approximately 6.9 million shares of its common stock and $3 billion in cash.

Diamondback Energy (FANG) has entered into a definitive purchase agreement to acquire certain subsidiaries of Double Eagle IV Midco in exchange ...

Rahul Prashant succeeded Ajay Kaila & assumed the office of Executive Director & Refinery Head here at Digboi Refinery of Upper Assam ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

The Nigerian government is in talks with local communities to restart oil production in a region that's previously suffered environmental damage after oil giant Shell's sale of its onshore business in ...

Dibrugarh's rise in Assam politics, from railway hub to potential second capital, underlines BJP's Ujoni stronghold and challenges ahead.

Historical Growth and Industry Expansion India’s petroleum industry traces its roots back to 1867, with the first oil well drilled in Digboi, Assam. Over the decades, the sector has transformed from ...