Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...

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

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

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.

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 ...

investments that helped the company set oil and gas production records that were driven in part by Permian basin output climbing 18% in 2024. This year, total capex is projected to be about $15 ...

Soreq also said the company expects Permian Basin oil production growth of 250,000 bpd to 300,000 bpd in 2025 and 2026. The U.S. Energy Information Administration sees total Permian Basin output ...

aiming to invest up to $1 billion in U.S.-operated and non-operated oil and gas projects, primarily in the Permian Basin. "We have built a strong track record of sourcing and transacting on high ...

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 ...

HOUSTON (Reuters) - Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to slow by at least 25% this year despite President Donald Trump's vow to ...