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

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy ...

Exxon Mobil on Friday beat Wall Street's estimate for first-quarter profit as higher oil and gas production from Guyana and ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

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Exxon Mobil and Chevron are pushing back on “shortsighted” investors and maintaining their growth plans even as they feud ...

Exxon Mobil’s first quarter profit slumped to the lowest level in years, stung by weaker crude prices and higher costs. The ...

President Trump’s trade policies have helped to push down oil prices while raising the costs of materials for oil and gas ...

A major player in the top U.S. oilfield, the Permian Basin, as well as in Guyana, Exxon increased production by 20% year-over ...

The Trump administration and other world governments have a “sensitivity” to the potential impact of tariffs on the energy sector, ExxonMobil chief executive Darren Woods said Friday.