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

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

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

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

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

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Q1 2025 Earnings Call Transcript May 2, 2025 Exxon Mobil Corporation beats earnings expectations. Reported EPS is $1.76, ...

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

Chevron CEO Mike Wirth compared the current oil downturn to the Great Recession and Covid-19 pandemic. Exxon Mobil CEO Darren Woods warned investors Friday that tough times could be ahead for the ...

Even though tariffs are expected to add to certain costs and OPEC is increasing its production volumes—further weighing on oil prices—Exxon Mobil chairman and CEO Darren Woods said the Western ...