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

By acquiring Hess, Chevron gains entry to one of the most prolific discoveries in recent history. Editor’s Note: This ...

Exxon Mobil Corporation (NYSE:XOM) released a statement today following a ruling by the International Chamber of Commerce ...

ExxonMobil lost its arbitration against US producer Hess over its claim to a right of first refusal for the giant Stabroek ...

It depends on multiple factors. But as one expert put it, “if they’re not producing those barrels of oil, somebody else will.

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Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger ...

AI is “not my thing,” President Donald Trump admitted during a speech in Pittsburgh on Tuesday. However, the president said ...

The U.S. Federal Trade Commission on Thursday reversed bans on the CEOs of takeover targets joining the boards of Chevron and ...

The U.S. Federal Trade Commission on Thursday reversed a previous order that had barred Hess Corp CEO John Hess from the ...

This article explores whether large-scale mergers and acquisitions in the upstream energy sector truly deliver promised value and tangible returns for investors, using recent deals as case studies.

ExxonMobil, under their Pioneer Natural Resources label, is seeking oil and gas permits in two separate locations in Midland.