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 ...

Permian Resources ( NYSE: PR) said Wednesday alongside its Q1 earnings report that it agreed to acquire APA Corp.'s ( APA) ...

Norwegian operator BW Energy has announced a final investment decision for a new US$1.5 billion standalone oilfield ...