The acquisition is expected to double the operator's Midland basin processing capacity to about 2.3 bcfd, while adding connectivity across natural gas and NGL systems, and supporting...

The agreement grants the US majority control over roughly a fifth of Venezuela's total proved oil reserves, but analysts warn that future political changes in the US or Venezuela...

The operator year-to-date has signed agreements to acquire an additional 41,000 net acres across the Permian and Montney for $460 million.

At 428.9 million bbl, US crude oil inventories are 1% above the 5-year average for this time of year, the Energy Information Administration report indicated.