BOGOTA (Reuters) - Colombian energy company Ecopetrol said on Monday it has reached an agreement to renew its oil joint venture with Occidental Petroleum in the U.S. Permian basin in Texas.

A bill seeks to encourage drilling for oil outside of North Dakota’s highly productive Bakken Formation and take advantage of ...

Arrow Energy, a joint venture of Shell plc and PetroChina, signed a contract with Silver City Drilling for work in Surat basin. Surat gas project, Queensland, Australia. Arrow Energy Pty Ltd ...

investments that helped the company set oil and gas production records that were driven in part by Permian basin output climbing 18% in 2024. This year, total capex is projected to be about $15 ...

The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a particularly light crude oil which is carried from ...

The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a particularly light crude oil which is carried from ...

Upstream companies search the globe for new oil reservoirs and assemble drill sites for extraction. Yes, the oil they retrieve could become fuel or some other petroleum product, but they generally ...

announced yesterday in a statement that its subsidiary Ecopetrol Permian LLC and Occidental Petroleum Corp (NYSE: OXY), have reached an agreement to extend the development plan of its Rodeo Midland ...

Oil Patch Kids is about raising money for community for the money, to stay within the Basin. “We have a lot of fundraisers in this community now because we are very busy in the oil and gas industry ...