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

XOM is gearing up for its eighth project in Guyana, known as the Longtail project, which will be the first one to produce gas ...

Fort Worth-based Double Eagle owns more than 95,000 net acres in the Midland portion of the Permian Basin and is one of the ...

If it were a country, New Mexico today would be the 11th largest oil producer in the world, just behind Kuwait. But as oil ...

Energy Transfer offers a 7% yield, $5B growth capex for 2025, and BBB credit ratings. Discover potential double-digit annual ...

Ongoing increases in production and consumption of shale gas continue adding carbon emissions to the atmosphere as industrial ...

New Mexico faces a seminal moment in its relationship with the oil and gas industry as President Donald Trump vows to slash ...

This announcement has been reviewed by Dr. Gábor Bada, Falcon Oil & Gas Ltd's Technical Advisor. Dr. Bada obtained his geology degree at the Eötvös L. University in Budapest, Hungary and his PhD at ...

Chevron will lay off 15 per cent to 20 per cent of its global workforce by the end of 2026, the U.S. oil company said on ...

"Crude demand clings by a thread," Bank of America said, predicting that slowing global GDP and green infrastructure will ...

New EPA methane fees may disproportionately impact small oil operators in the Permian Basin, with costs rising to $1,500 per ton by 2025.

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.