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.

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 ...

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

(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 ...

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

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 ...

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

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 ...

DEC's acquisition of Maverick Natural Resources is expected to bring the total production of the combined company to 59,000 barrels of oil equivalent per day.