Occidental Petroleum Co. (NYSE: OXY) is known for being one of the largest oil and gas producers in the United States, as well as being Warren Buffet’s favorite stock in the energy sector based on his ...

U.S. onshore oil production has likely peaked and will start to decline due to the recent plunge in crude prices, jeopardizing the nation’s position as the world’s largest fossil fuel producer and its ...

Shell plc SHEL, one of the world’s largest energy companies, has reportedly expanded its footprint in Venezuela through a series of critical agreements with the government, according to Reuters. These ...

WASHINGTON, Sept. 16, 2025 /PRNewswire/ -- The American Exploration & Production Council (AXPC) today released a new study analyzing the upstream oil and natural gas sector's profound impact on the ...

HOUSTON (Reuters) -The falling number of oil and gas rigs deployed across the United States is reaching a level that would indicate onshore crude output from the world's top producer could fall in ...

Recent economic policy changes, particularly tariffs, have created market uncertainty for US oil and gas operators, potentially causing production to fall below record highs. Oil producers are ...

Petrobras is weighing the sale of its onshore oil and gas operations in Brazil’s northeastern state of Bahia, CEO Magda Chambriard said this week. The asset in question, known as the Polo Bahia Terra ...

President Donald Trump's trade war has sent crude oil prices spiraling. Prices have reached levels where producers may pull back on drilling, undermining Trump's "drill, baby, drill" agenda. The ...

Angola’s president urged energy companies to boost investment in onshore oil fields to counter a sustained decline in crude production. “Onshore exploration must be stimulated and promoted,” João ...

Diamondback Energy expects U.S. oil production to peak and then decline this year due to low prices. CEO Travis Stice warned that falling production threatens jobs, GDP growth, the nation's trade ...