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

CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Precision Drilling Corp. (PDS) on Wednesday reported profit of $10.6 million in its fourth quarter. The Calgary, Alberta-based company said it had ...

In the 1920s, oil was becoming a hot commodity in Texas. The success of the Spindletop oil well in Beaumont in 1901 had set ...

Chevron will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said on Wednesday as it ...

The head of a Denver-based oil and gas trade group that lobbies for expanded drilling on public lands is Republican President ...

By John Lee. The Iraqi Drilling Company (IDC) has successfully drilled and rehabilitated three oil wells in the Zubair ...

This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking ...

The Norwegian Offshore Directorate has granted Equinor a drilling permit for the exploration well 7220/7-CD-1 H, located in ...

Mexico President Claudia Sheinbaum is testing a bold new strategy to lure the private sector to the country’s oilfields by ...

HOUSTON—Eric Carre, Executive Vice President and Chief Financial Officer of Halliburton Co . (NYSE:HAL), recently sold a ...