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 ...

(Reuters) - U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since ...

“Building on the momentum of 2024, USEDC is entering 2025 with a similar growth mindset, aiming to invest up to $1 billion in U.S.-operated and non-operated oil and gas projects, primarily in the ...

U.S. refiner Delek has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on ...

A $1.5 billion joint venture between Occidental Petroleum and Ecopetrol, Colombia’s state-run oil company, has been cast in doubt after the two companies agreed to an extension. A day after the ...

Growth next year is expected to only be slightly less. “We’re getting more for every dollar we’re spending,” says chief ...

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

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 ...

Chevron decided to give back after celebrating 100 years of production in the Permian Basin. Picanha has long been prized in ...

Following its $22.5 billion deal to buy Marathon Oil, ConocoPhillips is targeting $2 billion in asset sales— a goal a company ...

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