Polar Service Centers has opened a location in Killdeer, N.D., in the heart of the Bakken Shale oilfields and one of the fastest-growing oil-producing areas in the country. The new facility is on ...

Oasis Petroleum Inc. and Whiting Petroleum Corp. agreed to combine in what they’re calling a “merger of equals,” creating a new oil producer focused on North Dakota’s Bakken shale patch with an ...

Mitsubishi Power is joining with a pipeline company based in a key U.S. natural gas play to develop a hydrogen hub which can then be connected to other H2 infrastructure throughout North America. The ...

Oil and gas producer Hess Corp expects to add a fourth rig in Bakken shale of North Dakota next month, Chief Executive John Hess said on Thursday, a sign that operators are inching towards greater ...

Energy giant Chevron ($CVX) announced that it expects its 2026 capital expenditure to be in the range of $18 billion to $19 ...

US-based independent Ovintiv has sold assets in the Uinta basin and the Bakken shale for about $250 million to help fund the doubling of cash returns to shareholders. Ovintiv did not disclose the ...

Oasis Petroleum just exited Chapter 11 Bankruptcy with a clean balance sheet and attractive valuation. Parsing through their latest investor presentation gives us some insights into the quality of the ...

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. U.S. oil and gas M&A activity in 2024 is nearing the record $155 billion level set in 2023, ...

For years Big Oil producers chased U.S. shale profits with big spending hikes while seeking something even more elusive than the next big gusher: steady, sustained profitability. Now Chevron, long the ...

NEW YORK (Reuters) - XTO Energy Inc said on Wednesday it would pay $1.85 billion in cash and stock to buy more than 350,000 acres of property in the Bakken Shale region of the western United States.

Norway's Equinor has agreed to sell its assets in the U.S. Bakken shale oil province after a decade of multibillion-dollar losses and criticism for poor investment decisions. By Nerijus Adomaitis OSLO ...