There are currently serious fears about a glut in the oil markets – too much oil. And an abundance of oil has the effect of ...

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

The EPA handed over power to the Railroad Commission after a two-year review. Critics say the commission has been too lax ...

U.S. August oil production increased by 86 kb/d to 13,794 kb/d, another new high. Texas production has rebounded since the ...

Chevron Corp. and Exxon Mobil Corp. plan to boost their oil and gas production over the next five years, even as falling oil ...

Falling oil prices and global and economic uncertainty have roiled Texas energy companies this year. Spending and activity have been reduced, and a number of companies have announced layoffs. Even so, ...

The Railroad Commission of Texas revealed its latest preliminary crude oil and natural gas production figures.

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

Resources for the Future examined how the Lone Star State and other oil and gas states tax producers and save what they ...

The No. 2 U.S. oil producer is in “exclusive negotiations with a premier customer” for a West Texas plant to service an AI ...