News

Occidental Petroleum Corporation OXY is among the largest operators in the Permian Basin, a major hub for U.S. oil and gas ...
“The International Commission on Stratigraphy says the natural gas or hydrocarbon deposits found in the Permian Basin are the result of marine and terrestrial entities that lived and died during ...
MIDLAND, Texas - Governor Greg Abbott on Thursday signed into law a suite of bills aimed at strengthening the state’s oil and ...
Members of Congress toured Permian Basin oil sites, meeting with local energy leaders to discuss energy policy, jobs, and ...
Permian Basin-focused Diamondback Energy emerged as the region’s reigning independent producer giant a year ago following its $26 billion buyout of privately-held Endeavor Energy Resources.
Gov. Abbott approved a funding item sending $123 million to the Permian Basin to develop medical facilities and other ...
A $1.6 billion sale of oil and gas assets in southeast New Mexico’s Permian Basin closed last week, as energy companies sought to increase their presence in the growing fossil fuel region.
The post is correct that the shaded area of the map, known as the Permian Basin, has large quantities of oil and natural gas. But current estimates don’t add up to a 200-year supply ...
The Permian Basin has attracted the attention of U.S. companies with no international operations as well as international oil companies (IOCs) and a national oil company (NOC) from Latin America ...