(Bloomberg) — Chevron Corp. (CVX) plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive ...

Diversified Energy has struck a deal to buy private-equity-owned Maverick Natural Resources in what would be its largest ...

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Exxon Mobil posted strong fourth quarter profits as the oil and gas company increased production in the Permian basin at home, and in Guyana. The Texas company earned $7.61 billion, or $1.72 per ...

“Since the shale boom oil and gas production in the Permian Basin has surged, but it’s taken a serious toll on the quality and safety of our roads,” said Landgraf, R-Odessa. “With more ...

A number of topics were discussed, like the amount of oil production in the Permian Basin -- six million barrels per day. It was a packed house inside the Bush Convention Center in Downtown ...

Coterra completed the purchase of additional stakes in the U.S. Permian Basin from Avant Natural Resources ... 170,000 barrels per day (bpd) for oil and 720,000–760,000 barrels of oil equivalent ...

a 26% reduction in methane emissions from oil and gas production operations in the Permian Basin in 2023. This achievement is not just a win for the environment, but also a testament to the ...

Just like incoming college freshmen undergo orientation, a group of incoming Texas legislators have come to the Permian Basin to undergo orientation on the region’s oil and gas industry.