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

A Russia-Ukraine peace accord would lower fuel prices, but any stalemate or escalation is a boon for the oil industry.

Ukraine has been striking Russia’s oil industry daily in August. Ukrainian long-range drones are hitting refineries and ...

The USGS says the century-old Phosphoria petroleum system in Wyoming and Colorado is nearly depleted, but the nearby Mowry ...

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

A short-term embrace of fossil fuels may be necessary to stave off gasoline shortages, Newsom’s administration says.

Some 200 climate activists including Greta Thunberg of Sweden blocked Norway’s largest oil refinery on Monday in a protest ...

Norwegian oil and gas investments are expected to peak this year, and start declining next year as major projects are ...

WATFORD CITY, N.D. (North Dakota Monitor) – Millions of Americans own the rights to oil and gas underground. When they’re approached by an energy company to lease out those rights, they’re offered a ...

The US oil industry is often compared to being on a treadmill: you run fast just to stay still. Because shale wells quickly ...

Increasing oil stockpiles will probably drag down prices. This will hurt demand for drilling and production equipment as ...

Africa's biggest oil refinery will on Friday start direct and free shipping of fuel to retailers in Nigeria, a move expected ...