I used to be an oil executive. Here’s how market forces, not politics, killed the oil boom—and why new pipelines won't save ...

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

China has launched a new ultradeep drilling campaign, aiming to unlock oil and gas resources from depths exceeding 8,000 ...

A deal that could value Double Eagle at more than $5 billion is expected in coming days.

Diamondback Energy (NASDAQ:FANG) -1.3% in Friday's trading following a report from The Wall Street Journal that the company is in talks to buy Permian Basin oil producer Double Eagle, backed by ...