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

The Houston-based operator reported fourth quarter earnings of $2.31 billion and net income of $1.90 per share. Earnings, ...

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

Belvieu Alternative NGL pipeline partners WhiteWater Midstream, MPLX LP (45%), and Rattler Midstream LP, have sanctioned its expansion to 300,000 b/d from 250,000 b/d.

Two midstream companies are investing a combined $1.75 billion in a new export terminal and a connecting pipeline in the ...

ONEOK, a Tulsa-based oil and gas company ... processing plants in the Permian Basin and in the Northeast. All operations will be completed between 2025 to 2029. Marathon reported a net income ...

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