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

Major Wall Street banks have modestly lifted their oil-price forecasts for this year and next, but lingering uncertainty over U.S. tariffs and rising OPEC+ output continue to cloud the outlook. Shell ...

Amid a pivot back to its fossil fuel roots and away from renewable energy, Britain's BP said it had made its largest oil and ...

The repurchase from its Chevron affiliate and the public markets was part of Hess Midstream’s ongoing capital return strategy.

Hess Midstream LP (NYSE: HESM) ("Hess Midstream"), today announced an accretive $100 million repurchase that included both Class B units of its subsidiary, Hess Midstream Operations LP, from an ...

When playing catch up, picking up the pace may not be enough. One also has to hope rivals don't accelerate. Just ask Europe’s ...

ExxonMobil drives growth with low-cost production, robust financials, and shareholder returns. Read the latest analysis on ...

As first reported by the North Dakota Monitor, North Dakota oil companies are withholding hundreds of millions of dollars from private mineral owners through deductions that critics call unfair.

Downstream earnings improved year-over-year, with U.S. downstream profits rising to $404 million on higher refining margins ...

Chevron’s Hess deal boosts growth potential with Guyana assets, strong Permian output, and cost synergies despite oil risks.

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How much did that home sell for? Check out recent property transfers in Buncombe County and Asheville, North Carolina.