A $1.6 billion trend-following ETF has had its outside adviser and both portfolio managers depart amid a prolonged shake-up that has seen the fund build an unusually large oil position.

California Resources Corporation (CRC) is an American energy corporation engaged in hydrocarbon exploration in California. The company has conventional primary, enhanced oil recovery, and ...

Ovintiv is adding approximately 41,000 net acres in the Permian and Montney with $460 million of ground game deals.

Continental Resources’ two-pad six-well package has more than 78,000 ft of lateral, including some running under the Odessa airport.

Phillips 66 is winding down its crude refining operations in California, while pledging to support fuel supplies in the state.

Following its restructuring, the company is dropping its ties to the Sanchez name, which dates back to the founding of Sanchez Oil & Gas Corp. by father and son—A. R. Sanchez Sr. and A. R. Sanchez Jr.

The all-stock merger of the two Permian-focused E&Ps is expected to create the largest unconventional shale producer of oil and natural gas in the prolific basin.

Ultra Petroleum Corp. emerged from bankruptcy on Sept. 16 as a private operator with the new moniker UP Energy. After struggling with nearly $2 billion of debt left on its balance sheets despite a ...

The dust has settled on acquisitions, and the leading players have publicized five-year plans that demonstrate a commitment to increasing production from Canada’s premier shale plays.

TRP Energy is weighing a potential sale of Delaware Basin assets the private E&P acquired in an acreage swap with Diamondback Energy.

Anyone who still harbors doubts about the durability of the Permian Basin’s reign as the most prolific U.S. oil and gas basin need only consider the $4 billion collected by the government in late May.

The Inflation Reduction Act sections 45Q and 45Z are incentives to invest in energy transition and renewable energy projects, but they involve legal considerations to account for.