The company will acquire about 13,320 net acres, 8,700 net royalty acres, and expected second-half production of 12,000 boe/d ...

Plummeting crude prices could shave 10% off U.S. rig count in first half, Diamondback says. Its CEO says it's slowing as it sees a "red light" ahead..

Having scrambled to accommodate the massive growth in the Permian Basin, Plains All American is ready for the next stage of Permian oil and natural gas. “A lot of cash was spent, and debt rose during ...

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

Murphy Oil has made another shallow-water oil discovery in Vietnam's Cuu Long basin where it is currently developing the Lac ...

In the past month, new drill permits in Texas have decreased by 50% across the Permian Basin. Local energy expert Kirk ...

TotalEnergies' latest exploration well offshore Namibia has failed to find any hydrocarbons on what was previously called a ...

The items members are either buying in bulk or planning to stock up on include coffee, olive oil — 97% of which is imported — laundry detergent, pet food, liquid soap and toilet tissue.

Linoleic acid, an omega-6 fatty acid found in seed oils such as soybean and safflower oil, and animal products including pork and eggs, specifically enhances the growth of the hard-to-treat ...

Global oil prices have tumbled since President Donald Trump's tariff announcement. Urals crude fell to $47.50 a barrel last week, the lowest level for almost two years. Russia may offset lower oil ...

As US-China trade tensions continue to escalate, Chinese refiners have cut their U.S. oil imports, while imports of Canadian crude have reached record highs This figure is expected to rise even ...

This means short-term tariff drama could have long-term consequences for the U.S. oil industry. American shale drillers, particularly in the Permian basin, have upended oil markets during the past ...