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.

Oklahoma partner with Ohio oil company to increase production and connectivity on the Gulf Coast. Projects will be completed ...

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

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

But growth from equity affiliates and contributions from recently acquired midstream assets in the Utica and Permian basins helped Marathon Petroleum’s adjusted core earnings in the midstream ...

Occidental Petroleum and Ecopetrol reached an agreement to renew their joint venture for the development of Rodeo Midland Basin within the U.S. Permian Basin.