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

HOUSTON (Reuters) - Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to ...

Diversified Energy Company PLC (NYSE:DEC) is reportedly in advanced talks to acquire Maverick Natural Resources, a private ...

El Paso billionaire Paul Foster's Franklin Mountain Energy sells New Mexico oil and gas assets for $2.5 billion to Coterrra ...

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.

Economist Ray Perryman, who lives in Odessa and closely follows the Texas energy sector, sat down with Marfa Public Radio to ...

Element3 is currently commissioning its full-scale lithium carbonate plant. This facility will enable the company to process the abundant lithium resources present in the region's oil and gas ...

In a significant twist in Colombia's energy narrative, state-owned petroleum firm Ecopetrol has announced that it has ...

Maverick's asset base in the Permian Basin, the world's largest shale oil-producing region, consists of producing oil fields in West Texas and New Mexico. Diversified Energy, which focuses on ...

Both XOM and CVX faced downward pressure following their Q4 release, reflecting broader market concerns over refining margins and oil price volatility.

(Bloomberg) — Chevron Corp. (CVX) plans to increase oil production by as much as 10% in the US Permian Basin this year despite ... from the most-prolific shale field will be 9% to 10% higher ...