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

U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.

As the booming U.S. onshore oil and gas industry matures and efficiency levels fall, less active Canadian shale plays stand ...

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

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

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

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 decline from here as oil prices hovers near four-year lows. “We have a ...

In a must-win game three for the Permian Panthers, the team comes out on top, beating Socorro High 2-1, securing the ...

Crude futures pick up from the previous day's losses, helped in part by major Permian producer Diamondback Energy's CEO warning shareholders that the company expects activity to slow and production to ...

The Panthers defeated the Bulldogs 7-0.

Economic headwinds and oil-market turbulence mean U.S. shale's crude output has likely peaked and is set to decline, according to Permian producer Diamondback Energy. The warning didn't name President ...