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

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 ...

“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 ...

US Energy Development Corporation (USEDC) has announced plans to invest up to $1bn in the Permian Basin during 2025. This ...

U.S. drilling activity increased with the Permian Basin leading the surge, as Baker Hughes reports a rise in rig count for ...

(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 ...

Colombian energy company Ecopetrol said on Monday it has reached an agreement to renew its oil joint venture with Occidental ...

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

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday ...

Scott Mason IV is the new administrator for the EPA region covering Arkansas, Louisiana, New Mexico, Oklahoma, Texas and 66 Tribal Nations.

A bill preventing future presidents from unilaterally banning hydraulic fracking is on its way to the Senate after passing ...

Texas and the Permian Basin were hardest hit in this week's drilling activity decline as the rig count remains at three-year ...