US oil producer Chevron used the term "Gulf of America" instead of Gulf of Mexico in its fourth-quarter press release today, ...

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.

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

Exxon Mobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian basin at home, and in Guyana. The Texas company earned $7.61 billion, or $1.72 per ...

UT’s Energy Institute will lead an initiative to detect and fix methane leaks in pipelines and wells in the Permian Basin of Texas and New Mexico, according to an agreement signed on Jan. 17. The ...

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