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 Permian Basin will see warmer, more seasonal temperatures and clear skies this weekend, with highs reaching up to 80 ...

Diversified Energy focuses on buying up and operating older, existing natural-gas wells. The Birmingham, Ala.-based company ...

Exxon Mobil’s fourth-quarter adjusted profit managed to beat Wall Street’s expectations, as the oil and gas company increased ...

Odessa Regional Medical Center is grappling with a significant influx of patients battling Influenza, COVID-19 and other ...

Exxon reported total earnings of US$33.46-billion for full-year 2024, down from US$38.57-billion the year earlier ...

Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust") today declared a cash distribution to the holders of its units of beneficial interest of ...

Private equity firm NGP Energy Capital Management is exploring a sale of natural gas producer Camino Natural Resources, which may achieve a valuation of around $2 billion including debt, sources ...

Upstream oil and gas industry mergers and acquisition activity during 2024 came to a robust $105 billion in total deal value ...

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