ExxonMobil is benefitting from its Pioneer acquisition, Guyana development and many other upstream and downstream projects.

We’re a little over 100 days into this new administration and, ‘Good Lord.' There’s been a tremendous amount of volatility ...

Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...

Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...

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

The head of the largest independent oil producer in the Permian Basin predicts US shale production has peaked and will likely ...

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 ...

The countdown is on for the Fed's rate decision on Wednesday as policymakers begin their two-day meeting. Although the ...

The outlook from Diamondback, one of the industry’s most prominent producers, marks a key shift for expectations within the ...

Diamondback Energy predicts that peak onshore crude oil production in the United States has been reached and will decline due ...

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