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

Couldn't resolve component "default" at "/:pathMatch (.*)?/:lcsId ( [0-9]\- [0-9]\- [0-9]+| [0-9]- [0-9]- [0-9]+PT [0-9]+)" ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

Darren Woods; Chairman of the Board, President, Chief Executive Officer; Exxon Mobil Corp Kathryn Mikells; Chief Financial Officer, Senior Vice President; Exxon Mobil Corp Betty Jiang; Analyst ...

A: Darren Woods, CEO, explained that ExxonMobil's decisions are based on maximizing NPV by assessing market conditions, long-term marginal costs, and operational momentum. The company evaluates ...

Chevron CEO Mike Wirth compared the current oil downturn to the Great Recession and Covid-19 pandemic. Exxon Mobil CEO Darren Woods warned investors Friday that tough times could be ahead for the ...

The oil major said volume growth in the Permian Basin and Guyana combined with cost-cutting measures largely offset lower ...

Both areas are highly profitable and the company is working to reduce its operating costs, said Exxon CEO Darren Woods. "In ...

Exxon Mobil’s first quarter profit slumped to the lowest level in years, stung by weaker crude prices and higher costs. The ...

US oil giants ExxonMobil and Chevron reported lower profits Friday, reflecting the hit from falling crude prices amid global ...

Oil major doesn't see a material impact to its development plans despite tariffs Exxon Mobil Corp. Chief Executive Darren Woods said the oil company currently doesn't see a material impact from ...

ExxonMobil’s first-quarter earnings exceeded estimates, driven by production growth in the Permian and Guyana regions, ...