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

“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 ...

Though Tesla’s shares doubled over the past 12 months, they’ve had a tough run since the inauguration. Investors are waiting ...

The New Mexico Senate Conservation Committee approved SB23, a bill to raise oil and gas royalty caps from 20% to 25% in the Permian Basin. Supporters argue it boosts school funding, while opponents ...

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 in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...

But industry leaders have also been clear that these and other policy changes floated by Trump won’t lead to more drilling.

Exxon Mobil Corporation XOM reported fourth-quarter 2024 earnings that exceeded expectations, driven by stellar production ...

Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.

The U.S. stock markets were routed last Monday after China’s AI lab DeepSeek rattled Silicon Valley after its large language model outperformed American AI leaders, defying American attempts to stop ...

Oil companies cheered Trump’s recent calls for a more streamlined process and a series of energy-related executive orders he ...