Pioneer Natural Resources is reportedly in talks for a deal to buy Parsley Energy.
With the price of a barrel stuck around $40 and no recovery in sight, companies are combining to cut costs and ride out the pandemic.
Rystad Energy expects offshore oil and gas investments to rebound.
New ways of living, working and operating our day-to-day lives have taken hold and are likely to permanently transform traditional choices.
The U.S. oil industry faces a bumpy road to recovery from the steepest slump in oil demand in history.
U.S. energy companies were returning workers and restarting operations at storm-swept production facilities along the U.S. Gulf Coast on Sunday.
Oil prices rose more than 3% on Tuesday.
Caterpillar Inc. has signed an agreement to acquire the Oil & Gas Division of the Weir Group.
Investments in technology and workforce are essential for industry survival of current market conditions.
Questions over shift to renewables by European majors.