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

The oil company sent investors $9.1 billion last year via dividends and share repurchases. Based on current commodity prices, ...

SINGAPORE, Feb 6 (Reuters) - Oil and gas traders are likely to seek waivers ... Four tankers, carrying 6 million barrels of U ...

Oil and gas traders are likely to seek waivers from Beijing over tariffs that the Chinese government plans to impose on U.S.

January 8, 2025 • Alaska's oil and gas sector has long been in decline. From a peak of oil production in the 80s, more than 2 million barrels per day, to a 75% drop to under 500,000 today.

Good afternoon and happy Thursday, readers! In today’s Daily on Energy we take a look at Environmental Protection Agency administrator Lee Zeldin's plans to roll back funding for climate projects and ...

Located on Alaska’s North Slope, the Megrez-1 well was drilled to delineate the eastern part of the Ahpun field with the aim of proving the existence of 510 million barrels of oil and about 100 ...

In that STEO, the EIA projected that U.S. crude oil production ... of Mexico was projected to make up 1.82 million barrels per day and Alaska was expected to contribute 0.41 million barrels ...

This “Indiana” sized piece of land in Northwest Alaska is home to an estimated 8.7 billion barrels of crude oil. If Trump gets COP approval to operate on this reserve, that could really open ...

ConocoPhillips (COP) stock was on the retail radar after the company’s fourth-quarter earnings beat Wall Street estimates on ...

Oil prices were under pressure this week, but the looming threat of U.S. tariffs on Canada and Mexico could send them spiking ...