Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Permian

As the EV market cools, the oil industry scorches with $250 billion in high-stakes deals and mass consolidation—'the bigger the company is, the more money they make'

What’s causing the industry’s merger surge? “The Permian Basin, the Permian Basin, and the Permian Basin,” says one CEO.

Fortune

Record-Breaking First Quarter For Oil And Gas Mergers

Permian Basin M&A activity hits record high in Q1 2024, signaling industry shifts and challenges.

Top News

7 Energy Dividend Stocks Analysts Expect to Rally

With another major M&A deal in the Permian Basin pushing oil and gas stocks higher today, here's a look at the passive income picks Wall Street analysts like best.

Barchart

Berkshire Hathaway Adds Nearly $600M In Occidental Petroleum Stock After Permian Basin Acquisition

Warren Buffett's conglomerate increased its ownership of Occidental this week, signaling approval of the Houston-based oil company's purchase of CrownRock.

International Business Times

Read news from The Economist, FT, and more,
with one subscription

1 High-Yield Energy Dividend Stock to Own for 2024

For energy investors seeking out steady dividend income and exposure to the oil-producing gusher that is the Permian Basin, here's a top-rated stock pick to consider right now.

Barchart

Don't Miss This Under-the-Radar Permian Basin Dividend Stock

Uncover the untapped potential of the energy sector with Waste Connections, a dividend stock strategically positioned in the booming Permian Basin.

Barchart

How To Play the Pullback in Exxon Mobil Stock

Exxon Mobil shares have been volatile over the past month, as investors price in concerns over a $60 billion Permian acquisition and roller coaster action in crude futures. Here's what you need to know about XOM at current levels.

Barchart

This Permian Basin Energy Stock Could Be the Next Big Oil Takeover Target

Large oil companies in the U.S. are making barrels of cash, and Exxon's bid to buy Pioneer could set off a flurry of similar acquisitions in the Permian Basin.

Barchart

America is going through an oil boom — and this time it's different

Business is pretty good in America's busiest oil patch. Prices are high enough to turn a profit and then some. But instead of going wild, producers have been aiming for something new: Discipline.

WEKU

U.S. Permian Basin oil production — and profits — have surged

President Biden has been asking for more oil. Producers now think prices will be high enough for the next several years to justify it.

Axios

EPA moves away from Permian Basin air pollution crackdown

The oil industry pushed hard against the proposal to issue an ozone nonattainment designation, which would have required that companies reduce oilfield emissions.

The Texas Tribune

Get all your
news in one place.

100's of premium titles.
One news app.

Texas Observer

EPA Backs Down from Permian Air Pollution Crackdown

Oil sector advocates pushed hard against an ozone nonattainment designation, which would have required oilfield emissions reductions.

Tribune News Service

Texas oil patch gears up for more growth and spending with the Permian leading the way

What a difference a few years make in the Texas oil patch.

The Texas Tribune

To ease looming West Texas water shortage, oil companies have begun recycling fracking wastewater

Oil and gas companies are increasingly reusing “produced water” as West Texas aquifers are being depleted and the practice of injecting wastewater into disposal wells triggers more earthquakes.

Tribune News Service

Texas natural gas drops toward zero as output swamps pipelines

Natural gas prices in the Permian Basin of West Texas are plunging toward zero as booming production overwhelms pipeline networks, creating a regional glut of the fuel.

Get all your
news in one place.

100's of premium titles.
One news app.

The Texas Tribune

Texas’ oil and gas industry will produce “massive amount” of toxic wastewater with few reuse options, study finds

Oil and gas companies produce 3.8 billion barrels of wastewater per year in the arid Permian Basin. A state consortium is trying to figure out whether it can be reused.

The Independent UK

EPA announces flights to look for methane in Permian Basin

The Environmental Protection Agency says it will conduct helicopter overflights to look for methane “super emitters” in the nation’s largest oil and gas producing region

The Independent UK

Hidden Menace: Massive methane leaks speed up climate change

New aerial surveys show that massive amounts of methane are venting into the atmosphere from oil and gas operations across the Permian Basin

The Guardian - US

US fracking boom could tip world to edge of climate disaster

140bn metric tons of planet-heating gases could be unleashed if fossil fuel extraction plans get green light, analysis shows

Benzinga

Why BofA Initiates Kinetic Holdings With Buy Rating

Kinetik Holdings Inc (NASDAQ: KNTK) is strong growth and free cash flow story, given its ownership in the Permian natural gas takeaway and latent processing capacity, according to BofA Securities.

Financial Times

Permian Basin: high oil price breathes new life into US shale

The 2020 price drop almost killed the US industry, but oil production is at record levels despite political pressure

1 2

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Environmental Protection Agency

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.