Oil prices declined in 2024 due to macro challenges in China and an increase in supply from the U.S. and non-OPEC (Organization of the ...

Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...

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

ExxonMobil earned just $4.03 billion in worldwide earnings in its energy products segment compared to $12.14 billion in 2023.

Exxon Mobil's Q4 earnings hit $7.61 billion, fueled by advantaged assets in the Permian Basin and Guyana, with production set ...

Exxon Mobil Corporation XOM is reinforcing its dominance in the Guyana offshore oil sector, with an objective to reach 2.3 million barrels per day (bpd) of production by 2030. The U.S. energy major ...

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

Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil ...

ExxonMobil surpassed earnings expectations, but revenue fell short, highlighting the fourth quarter's achievements and ...

ExxonMobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil ...

Exxon Mobil reported fourth-quarter earnings of $7.39bn, or $1.67 per share, surpassing Wall Street estimates of $1.56 per ...