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Energy giants to ramp up Permian Basin fracking
$Pump jacks are seen using hydraulic fracturing, or fracking.$
David McNew/Getty Images
The Permian Basin is now far from the preserve of the independent producer.
A turnaround for oil companies?
Some investors are optimistic that Big Oil has been able to ride out the plummeting prices of late last year.
Growth in oil and gas demand may not be dominated by cars
David J. Phillip-Pool/Getty Images
When we report on the world’s thirst for energy, we often miss something: chemicals made from oil and gas. A new report Friday finds petrochemical demand in the world is surging for things like synthetic rubber, packaging, fertilizer and detergents. In the long run, chemicals may be a bigger driver of world oil demand than […]
U.S. oil companies take cautious approach despite higher prices and demand
With the U.S.-based oil giants Chevron Corp. and Exxon Mobil Corp. scheduled to release their first quarter 2018 earnings Friday morning, we look at the state of the oil industry. Companies are reaping the benefits from higher oil prices and demand. But what is big oil investing in these days, with an eye toward the future? Click […]
Oil boom cheers Texas town, but some worry about education
Filipa Rodrigues/Marketplace
Midland, Texas, is doing well with high oil prices but having trouble retaining teachers for its public schools.
Midland, Texas, is booming as oil prices rise
Filipa Rodrigues/Marketplace
Times are good in the Permian Basin, but schools and roads still need improvement.
High prices for crude give oil producers something to think about
Domestic production is at record levels and reducing the need for foreign imports
The White House was busy while you weren’t looking
SAUL LOEB/AFP/Getty Images
President Trump issued a slew of regulatory rollbacks over the holidays.
As Hurricane Harvey bears down on Texas, oil refineries are shutting down
MARK RALSTON/AFP/Getty Images
It's a long process that starts 48 hours before the storm makes landfall. Starting back up can take even longer.
CEO switch up at Chevron is expected
Chevron CEO John Watson is likely to step down soon, the Wall Street Journal reported this week. If there is a switch up at Chevron, it’s not because of losses. Chevron continues to outperform competitors in a turbulent time. A new CEO would likely keep focused on refining. Click the audio player above to hear the […]

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