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.

Occidental Petroleum and Ecopetrol reached an agreement to renew their joint venture for the development of Rodeo Midland Basin within the U.S. Permian Basin.

In a significant twist in Colombia's energy narrative, state-owned petroleum firm Ecopetrol has announced that it has ...

Diversified Energy Company PLC (NYSE:DEC) is reportedly in advanced talks to acquire Maverick Natural Resources, a private ...

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

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

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

Texans from as far north as Austin and Round Rock reported feeling the ground shake after an 4.5 magnitude earthquake occurred Wednesday night. The quake originated from an area near Falls City, a ...

(Bloomberg) -- 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 ...

In 2023, former President Joe Biden announced a final rule for oil and gas companies to pay a federal tax fee if they emit ...

DEC's acquisition of Maverick Natural Resources is expected to bring the total production of the combined company to 59,000 barrels of oil equivalent per day.