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Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

Occidental Petroleum deal over environmental concerns, reinforcing his stance against fracking and commitment to clean energy ...

Growth in oil production from the Permian Basin is expected to slow by at least 25% in 2025 despite President Trump's pledge to boost U.S. output, energy executives said this week at the Argus ...

Driverless trucks have been carrying loads of sand in New Mexico’s oil patch as a Texas company tests its newly equipped “robotrucks” in the Permian Basin. Two semitrailer trucks owned by ...

ExxonMobil produced 1.5 million barrels of oil equivalent per day from the Permian Basin by the end of 2024 and anticipates producing 2.3 million barrels per day by 2030, an increase of over 50%.

Permian Resources Corporation (NYSE:PR) is an independent oil and natural gas company with operations focused in the Permian Basin, with assets concentrated in the core of the Delaware Basin.

In an opinion piece, Missi Currier, executive director of the New Mexico Oil and Gas Association, praised a win-win for the environment and her industry (“Permian Basin methane decline marks a ...

Exxon Mobil’s fourth-quarter adjusted profit managed to beat Wall Street’s expectations, as the oil and gas company increased production in Permian and Guyana Exxon Mobil posted strong fourth ...

(Bloomberg) -- Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike ...