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Royal Dutch Shell Is Selling Its Permian Basin Oil Holdings to ConocoPhillips

The deal with ConocoPhillips comes with oil prices high, Permian production strong and Shell under pressure to move faster to cut carbon emissions.

Why $4-a-Gallon Gas May Be Coming Your Way This Summer

The oil industry, known for boom-bust cycles, is resisting the temptation to pump more oil — for now.

ConocoPhillips to buy Concho for $9.7B, creating shale giant

ConocoPhillips agreed to buy Concho Resources for about $9.7 billion in stock, the largest shale industry deal since the collapse in energy demand earlier this year and one that will create a heavyweight driller in…

Federal government backs oil companies fighting NYC climate suit

By Karen Savage Getty Images
The Trump administration is supporting the five oil companies being sued by New York City to pay for damages related to climate change, filing a friend-of-the-court brief asking the Second Circuit Court of Appeals to…