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

The job cuts put pressure on US oil and gas employment, which is around 10% below pre-pandemic levels despite rising domestic ...

Chevron will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said on Wednesday as it ...

The US oil giant employed 46,500 people globally at the end of 2023, meaning the cuts could affect as many as 9,000 employees. The company recently moved its headquarters from San Ramon, California, ...

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

A fund managed by BPGC Management LP ("BPG") announced today that it has acquired a controlling, substantial majority stake in PB Materials Holdings, Inc. ("PBM" or the "Company"), a leading producer ...

HARRISON, NY / ACCESS Newswire / February 6, 2025 / Ron Minsky, Chairman and CEO of Metawells Oil and Gas Inc. (OTC PINK:KOSK), announced today that South Plains Petroleum, Inc's Board of Directors ...

ERCOT's Capacity, Demand and Reserves Report forecasting the next five years is set to be released this month.

Diamondback Energy has named Darin G. Holderness, who founded and served as CFO at P&A Exchange LLC and CFO at ProPetro Holding Corp. as a board of directors at the Permian Basin E&P.

MIDLAND, Texas, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Travis Stice, Chief Executive Officer and Chairman of the Board of Directors (the “Board”) of Diamondback Energy, Inc. (NASDAQ: FANG) ("Diamondback" ...

Growth next year is expected to only be slightly less. “We’re getting more for every dollar we’re spending,” says chief ...

Diversified Energy's acquisitions will not only expand its asset base but also grow operational capacities and profitability.