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

Aberdeen became the oil capital of Europe and an estimated half a million jobs were created by the industry over the decades. The world's worst offshore disaster was on the Piper Alpha rig in 1988 ...

Oil prices deepened their losses on Wednesday as investors parsed data showing higher-than-expected US crude inventories, breaking a nine-week streak of declines. Brent crude futures for March ...

Crude oil prices rose today, Jan. 28, amid supply disruption concerns as downward pressures that built up after Chinese company DeepSeek launched a low-cost artificial intelligence model eased. Brent ...

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, after a 4-rig drop in the week prior. The ...

The total number of active oil and gas drilling rigs in the US decreased by four to 576. US crude oil production fell to 13.477 million bpd, down from 13.481 million bpd the previous week.

Families of the more than 120 men killed when an oil rig capsized 45 years ago were failed by official investigations, a new study has concluded. The Alexander Kielland platform was being used as ...

Within hours of taking office, President Trump declared a national energy emergency as part of his plan to push for more oil and gas drilling and to heavily boost fossil fuels. But that's not all.

President Trump signed a salvo of executive actions this week aimed at unleashing America’s energy resources and fulfilling his campaign promise to make oil and gas a pillar of U.S. prosperity ...

To fix that, Trump wants to cut regulations and speed up approval processes to deploy more oil drilling rigs, build more pipelines, and bring more power plants onto the grid. Stein says key ...

By 1997, when 84 countries signed the Kyoto Protocol to curb global greenhouse gas emissions, the oil industry had built an effective apparatus for actively discrediting climate science and ...