Global upstream oil investment is set to fall for a second straight year in 2026. Producers prioritize capital discipline amid sub-$60 oil prices, with cuts in North America and Europe offsetting ...
A lone pumpjack operates in a snowy field after a winter storm blew through the Permian Basin Thursday morning, February 3, 2022, in Midland. (Odessa American/Eli Hartman) Depressed oil prices will ...
HOUSTON, Oct 22 (Reuters) - Dealmaking in the U.S. upstream oil and gas sector slumped nearly 30% during the third quarter as persistently low oil prices kept buyers on the sidelines, analytics firm ...