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

Occidental Petroleum deal over environmental concerns, reinforcing his stance against fracking and commitment to clean energy ...

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 ...

ExxonMobil produced 1.5 million barrels of oil equivalent per day from the Permian Basin by the end of 2024 and anticipates producing 2.3 million barrels per day by 2030, an increase of over 50%.

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.

investments that helped the company set oil and gas production records that were driven in part by Permian basin output climbing 18% in 2024. This year, total capex is projected to be about $15 ...

Driverless trucks have been carrying loads of sand in New Mexico’s oil patch as a Texas company tests its newly equipped “robotrucks” in the Permian Basin.

aiming to invest up to $1 billion in U.S.-operated and non-operated oil and gas projects, primarily in the Permian Basin. "We have built a strong track record of sourcing and transacting on high ...

Permian Resources Corporation (NYSE:PR) is an independent oil and natural gas company with operations focused in the Permian Basin, with assets concentrated in the core of the Delaware Basin.

HOUSTON (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 maximize ...