Global production increased by 14.8% to 2,183 MBOED, driven by strategic acquisitions. ConocoPhillips exceeded earnings ...

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

The King exploration well is positioned close to BP's current facilities and subsea pipelines in the West Nile Delta project.

Environmentalists are worried the state — known for a lax approach to regulation — is not prepared for the added ...

U.S. crude oil production fell by 122,000 barrels per day in November to 13.314 million bpd, down from a monthly record high ...

A court ruling requires the British government to consider the potential climate impact of the oil and gas produced in the ...

Oil and condensate reserves increased by 592 million tons and natural gas by 708 billion cubic meters, surpassing the ...

Russia pumped 2.8% lower volumes of crude oil and condensate in 2024 from a year earlier, while its natural gas production ...

U.S. upstream oil and gas mergers and acquisitions totaled $105 billion in 2024, marking the third highest year on record ...

State run gas giant Gazprom spearheads increase in gas production in 2024 as it re-takes a larger share of the domestic ...

Exxon Mobil’s fourth-quarter adjusted profit managed to beat Wall Street’s expectations, as the oil and gas company increased ...

Brazilian state-run oil giant Petrobras reported on Monday a 10.5% decrease in its total fourth-quarter oil and gas production from a year earlier, while also experiencing lower sales and exports.