Chevron has started oil and gas production from a project in the U.S. Gulf of Mexico, the oil major said on Monday, bringing ...

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

US oil producers face challenges maintaining margins with WTI crude prices hovering around $60 per barrel due to corporate ...

US oil and gas operators face significant challenges due to recent economic policy changes, potentially leading to decreased ...

Production has begun at the Chevron-operated Ballymore subsea tieback in the US Gulf, the US supermajor said Monday. Located ...

U.S. energy firms this week cut oil rigs by the most in a week since June 2023, lowering the total oil and natural gas rig ...

Only minimal amounts of untapped oil and gas resources remain in the historic Los Angeles fossil fuel production basin, ...

Oil prices fell to their lowest level in years on Monday as worries about the reciprocal tariffs President Donald Trump ...

With the 15% drop in oil prices this month, consumers will be enjoying lower gasoline and diesel prices. Still, ...

In the Utica shale basin, which covers parts of Ohio ... rig count declined by about 5% in 2024 and 20% in 2023 as lower U.S. oil and gas prices over the past couple of years prompted energy ...

However, U.S. oil output is expected to plateau by the end ... As shale fields in North Dakota's Bakken basin and the Permian basin in West Texas and New Mexico produced a flood of lighter crude ...