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.

Service Compression's credit facility, led by J.P. Morgan, increases by $95M to enhance compressor infrastructure in the ...

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.

Energy executives forecast Permian Basin oil production growth will slow by 25% in 2025 despite Trump's plan.

Halliburton and Coterra Energy have introduced autonomous hydraulic fracturing technology in North America, boosting ...

El Paso billionaire Paul Foster's Franklin Mountain Energy sells New Mexico oil and gas assets for $2.5 billion to Coterrra ...

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

Houston rapper Paul Wall unveils Oiler Mobb, a clothing line inspired by Texas oil culture. Check out the latest drop!

Element3 is currently commissioning its full-scale lithium carbonate plant. This facility will enable the company to process the abundant lithium resources present in the region's oil and gas ...

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 ...

(Bloomberg) -- Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite ... from the most-prolific shale field will be 9% to 10% higher than ...