President Donald Trump is meeting with oil executives at the White House on Friday in hopes of securing $100 billion in ...

Venezuelan crude oil worth $2.8 billion could reach Texas refineries next week following Trump's announcement of 50 million ...

Texas' oil and gas industry paid a near-record $27 billion in local and state taxes in 2025, according to TXOGA data.

Venezuela only produces 8,000 barrels of crude oil a day but, that could all change as President Donald Trump has said the ...

Trump said the "whole infrastructure" of Venezuela has to be rebuilt and that American companies would be used to rebuild it.

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

Just about everyone knows that Texas and oil go together. But what you may not know is that this week marks the 125th ...

The Texas oil and natural gas industry paid $27 billion in state and local taxes and state royalties in fiscal 2025.

The Texas oil and natural gas industry employed 495,501 Texans last year, according to TXOGA's 2025 Energy and Economic ...

Refineries in Texas and along its Gulf Coast could get a boost from Venezuela's heavy crude. But oil producers might hesitate ...

Texas-based oil companies have largely been silent on Trump’s assertion that they would help to rebuild Venezuela’s oil infrastructure.