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

Chevron and Valero Energy are working to resume supplies of Venezuelan crude to Valero's U.S. refineries under an agreement ...

HOUSTON (Reuters) -Trinidad and Tobago's government has agreed to award U.S. oil major ExxonMobil acreage in an ultra-deep ...

A Texas House panel on Saturday advanced a new congressional map as state Republicans power ahead with a strategy ...

CEO Mike Wirth is overhauling the oil giant’s ‘nice’ corporate culture, getting tougher not just on his employees but also on ...

The Permian basin is one area of potential, given Exxon's technological work to increase oil recovery in that field, Woods ...

Chevron expects its exports of Venezuelan crude to the United States to resume this month, the U.S. oil producer's CEO said ...

Exxon Mobil, the United States' biggest oil producer, beat Wall Street estimates for second-quarter profit on Friday as higher oil and gas output and low production costs offset the impact of lower ...

HOUSTON (AP) — HOUSTON (AP) — Chevron Corp. (CVX) on Friday reported second-quarter profit of $2.49 billion. The Houston-based company said it had net income of $1.45 per share. Earnings, adjusted for ...

Analysts expect the Houston, Texas-based company to report quarterly earnings at $1.75 per share, down from $2.55 per share in the year-ago period. Chevron is projected to report quarterly revenue of ...

Houston oil giants like Exxon and Chevron expect their lowest earnings in four years following consistent drop in crude ...

PASCAGOULA, Miss. (WLOX) - A Texas law firm, Arnold & Itkin LLP, has filed a lawsuit against Chevron on behalf of five ...