While ExxonMobil is a leader in today's energy industry, its ability to maintain its leadership will be a crucial factor in ...

Abbott also signed Senate Bill 529, referred to as the “Economic Development Magnet,” which supports large-scale hotel and ...

A key data release may underline how the US oil industry is reining in production growth in response to lower prices.

Chevron’s (CVX) decision to cut 20% of its workforce in 2025, recently impacting 800 employees in the Permian Basin region, ...

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

XOM aims to cut its oil breakeven to $35 by 2027 and $30 by 2030, boosting resilience even in low-price markets.

These small but mighty companies on the Fortune 500 raked in more than $87 billion in combined revenue over the past year.

The cuts are part of the oil company's effort to downsize its global workforce by 20% by 2026. Chevron has a major operation in Texas's Permian Basin.

In a recent article, I provided a firsthand look at the booming oil production in the Permian Basin. Notably, after 100 years of production, the Permian Basin is pumping record volumes of crude oil.

Chevron to lay off 200 workers in the Permian Basin, rectifying an earlier reported figure of 800 due to a reporting error.

Amid a reduction in its global workforce, Chevron plans to lay off over 200 Midland County employees on July 15.

Houston-based Chevron Corp. is laying off 200 workers in the Permian Basin, not 800, as it originally announced in a WARN ...