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

Production guidance for 2025 remains at 90,000 to 95,000 barrels of oil equivalent per day, with 69% expected to be oil and 79% liquids. Q2 production is forecasted to range between 92,000 and 96,000 ...

That, Mr. Monks was told, was a paper mill’s nightly discharge of “junk” - machine oil and solvents - into the Penobscot ...

As part of a wider cost-cutting effort , Chevron plans to lay off about 125 employees in its Denver office starting July 1.

The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely decline from here as oil prices hovers near four-year lows.

WASHINGTON (AP) — Canada’s new prime minister, Mark Carney, won the job with a promise to confront the increased aggression ...

The new sanctions package will cover more than twenty new companies said to help Russia in circumventing existing restrictions, FT informed ...

U.S. onshore oil production has likely peaked and will start to decline due to the recent plunge in crude prices, ...

U.S. onshore oil production has likely peaked and will start to decline due to the recent plunge in crude prices, jeopardizing the nation’s position as the world’s largest fossil fuel producer and its ...

Mexican state oil company Pemex increased shipments of crude to Cuba by almost 20% last year as the island's energy crisis ...

As the two countries struggle over a trade war sparked by President Trump's tariff hikes, the U.S. president gave a full ...