With attacks and threats, Tehran is using the world’s most important transit point for oil and gas as leverage against its enemies. The paths of ships struck in and near the Persian Gulf Note: Damage ...

Occidental rallied along with oil prices, as rhetoric from Iran's new Ayatollah and President Trump pointed to an impasse regarding oil flows.

BROWNSVILLE, Texas — For the first time in nearly 50 years, a new oil refinery will be built in the United States, in Brownsville, Texas. President Donald Trump announced the plans for the new ...

Oil prices surged on Thursday after ships came under attack in the Persian Gulf, and Iran’s supreme leader vowed revenge for U.S. and Israeli airstrikes. By Yeganeh Torbati Sanam Mahoozi and Thomas ...

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

The U.S. economy is more resilient today to oil shocks than decades ago. But real risks still remain with Middle East ...

Oil and gas companies have said the region needs more power. Environmentalists and a conservative think tank worry the state is moving too fast — and ratepayers will see the costs in their bills.

Occidental Petroleum is a Permian-focused E&P backed by Berkshire Hathaway and proprietary CO2-enhanced oil recovery ...

Wells Fargo believes that shares of Occidental Petroleum could rise on stronger Permian productivity and improved capital intensity. The bank double upgraded the oil and gas stock to an overweight ...

Exxon Mobil Corporation (NYSE:XOM) presented its financial outlook at the Morgan Stanley Energy & Power Conference 2026 on March 3, revealing objectives for long-term growth.

The U.S.-Israel war with Iran means higher profits for Texas oil companies and higher costs for its consumers, according to ...

On March 5, RBC Capital raised its price recommendation on APA Corporation (NASDAQ:APA) to $29 from $26. The firm reiterated ...