Concho Resources Inc., Midland, Tex., has agreed to acquire 24,000 gross (16,400 net) acres in the northern Delaware basin from an undisclosed buyer for $430 million. […]

DUBAI, Nov 19 (Reuters) – Iranian Oil Minister Bijan Zanganeh expressed optimism on Saturday about an upcoming OPEC meeting and said crude prices could jump to […]

There is a growing confidence that the industry has seen the worst of the current market downturn, according to a new report on the North Sea […]

LONDON, Nov 10 (Reuters) – The oil market risks running another surplus in 2017 without an output cut from OPEC, as producers around the globe ramp […]

Trump has made big promises to the industry in the build-up to the Nov. 8 elections, pledging to create 500,000 jobs each year through new energy policies. […]

Positioning itself to become the second largest oilfield services provider is one thing, but whether the mega-merger of GE Oil & Gas and Baker Hughes signals an abrupt […]

The convergence of digital technology with existing supervisory control and data acquisition (SCADA) infrastructure has increased the oil and gas industry’s risk to cyberattacks, industry insiders […]

The Scottish National Party (SNP) has joined calls for the UK government to use the Autumn Statement on November 23 to incentivize North Sea exploration and development. On […]