EON Resources Inc. will acquire Permian overriding royalty interests  in a cash-and-equity deal with Pogo Royalty LLC, which has agreed to reduce certain liabilities and obligations owed to it by EON.

U.S. Energy Development Corp. plans to invest up to $1 billion in the Permian Basin, focusing on the Delaware and Midland ...

Growth in oil production from the Permian Basin is expected to slow by at least 25% in 2025 despite President Trump's pledge to boost U.S. output, energy executives said this week at the Argus ...

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.

HOUSTON, Feb 6 (Reuters) - 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 despite President Donald Trump's vow to ...

The rig count in the Permian Basin was up five this week ... A year ago, 311 rigs were active in the region. Nationally, the oil and gas rig count is up six from last week at 582 rigs.

Exxon Mobil’s fourth-quarter adjusted profit managed to beat Wall Street’s expectations, as the oil and gas company increased production in Permian and Guyana Exxon Mobil posted strong fourth ...

(Bloomberg) -- Chevron Corp. 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 than ...