Oil prices turned positive to climb about 3% on Tuesday following reports Iran was preparing to launch a missile attack on ...

In the fossil fuel-rich Permian Basin, a major producer runs a regional website that combines industry perspective with ...

The three largest U.S. energy exploration companies paid more than $42 billion to foreign governments last year, about eight ...

Oil prices were down by more than 2% on Tuesday as a stronger supply outlook and lukewarm global demand growth outweighed ...

U.S. oil demand rose in July to the highest seasonal level since 2019 while output declined for the second time in three ...

Oil prices rose on Monday on fears of a widening conflict in the Middle East curtailing Iranian crude supply, but prices were ...

Permian oil pump jacks in Eddy County, New Mexico. The Permian basin of West Texas and New Mexico is desert for the most part. The desert is called the Chihuahuan but is not raw desert like the ...

Pumpjacks are over-ground mechanical drives that convert the rotary motion of a motor to a reciprocating piston of a pump shaft in an oil well. They consist of a number of mechanical parts which are ...

The oil pump provides the force that delivers oil through galleries and passages around the engine. Oil pumps are usually either inside the oil pan and driven by a camshaft or outside the pan and ...

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

Throughout 2021, the U.S. has imported 12 million to 26 million barrels of crude oil and petroleum products per month from Russia — that same country we keep enacting new sanctions on ...

Primary oil recovery is limited to hydrocarbons that naturally rise to the surface, or those that use artificial lift devices, such as pump jacks ... the early 1970s in Texas, CO2-EOR is ...