Permian Basin (North America)

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Exxon Sets a 2050 Goal for Net Zero Greenhouse Gas Emissions

HOUSTON — Exxon Mobil, under increasing pressure from investors to address climate change, announced on Tuesday that it had the “ambition” to reach zero net greenhouse gas emissions from its […]



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

HOUSTON — Royal Dutch Shell sold its oil and gas production in the Permian Basin, the biggest American oil field, to ConocoPhillips for $9.5 billion in cash on Monday.The deal […]