Trump wants control over the canal, which is key for transporting U.S. petroleum products to growing Asia markets.
However, Increased worldwide capacity is putting pressure on ExxonMobil's refining margins, which has caused a 67% decline in Energy Products sector earnings from $12.1 billion in 2023 to $4 billion ...
Oil prices experienced a sharp decline this week due to the announcement of U.S. tariffs on trade partners and OPEC+'s ...
A report from TIPRO shows an uptick in methane emissions in 2023. Takeaway capacity and record production are considered ...
Sixty days and 1,182 bills later, state legislators take a pass on oil and gas reforms. And poof — it’s gone. New Mexico’s ...
In early January, Kimbell Royalty Partners announced it will acquire oil and natural gas mineral and royalty interests in the ...
Favorable oil prices are aiding EOG. However, as an upstream company, it is highly exposed to extreme volatility in commodity prices.
ConocoPhillips is eyeing a $1 billion payday by unloading its Oklahoma oil and gas assets, which it snagged in the Marathon ...
Material ESG exposures create additional risk for E&P investors. In this industry, the most significant exposures are greenhouse gas emissions (both from extraction operations and downstream ...
EOG is confident enough in its financial strength that management took on $1 billion of incremental debt to free up more cash. Even with this debt increase, management is still targeting a total ...
Wall Street is rattled. Groceries may soon cost more. And in the heart of the Permian Basin, economists say the fallout from ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
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