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Permian driller Endeavor Energy explores potential $30 billion sale

Endeavor Energy, the largest closely-held oil and gas company in the Permian basin, is exploring a sale that could value it between $25 billion and $30 billion, according to Reuters.

Texas , United-states , American , Autry-stephens , Energy-resources , Chevron-corp , Conocophillips , Hess-corp , Reuters , Exxonmobil-corp , Exxon , Bloomberg

Well Productivity Gains Clash with Cost Inflation in U.S. Oil Patch

This year saw higher production despite a decline in drilling rigs - that’s some impressive evidence of efficiency gains.

United-states , Russia , Scott-sheffield , Mark-chapman , Exxon , Pioneer-resource , Wall-street-journal , Russia-takes-control , Biggest-oil-discovery , Wall-street , Irina-slav , Permian

Chevron-Hess deal unlikely to lead to return to peak prepandemic boom, analysts say

The acquisition of one of the largest operators in the Bakken shale play in North Dakota is expected to raise oil output there marginally

New-york , United-states , Texas , Canada , North-dakota , New-mexico , Texan , New-mexican , Canadian , Nathan-nemeth , Kathy-neset , Matthew-bernstein

Exxon posts $9.1 billion net income, down from year-ago, up 15% from Q2

Crude oil prices were higher in the quarter but year-over-year commodity price realizations were lower.

Italy , Houston , Texas , United-states , Thailand , Ukraine , Guyana , Russia , Trinidad-and-tobago , Trinidad , Biraj-borkhataria , Jane-merriman

Exxon Mobil's US$59.5-billion bet on fossil fuels has implications for Canadian oil patch, experts say

Observers have framed the deal as Exxon doubling down on fossil fuels at a time when the world is seeking to transition to lower-carbon energy sources

Toronto , Ontario , Canada , Vancouver , British-columbia , Texas , United-states , Paris , France-general- , France , Calgary , Alberta