LyondellBasell is in solid financial health. Management reported a net debt/adjusted EBITDA ratio of 1.8 times as of Dec. 31, 2024. We expect the leverage ratio will remain healthy over time as the ...

The EIA's next weekly petroleum status report is scheduled to be released on February 5 and will include data for the week ...

Kearl targets production exceeding 280,000 barrels per day in 2025, with ongoing efforts to surpass 300,000 barrels per day over the next few years. The renewable diesel project at Strathcona remains ...

Major Wall Street banks lifted their oil-price forecast for the year amid growing uncertainties over the impact of U.S. trade ...

U.S. crude oil production fell by 122,000 barrels per day (bpd) in November to 13.314 million bpd, down from a monthly record ...

Q4 2024 Earnings Call Transcript January 30, 2025 Murphy Oil Corporation misses on earnings expectations. Reported EPS is ...

Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

Scientists in Spain have used genetic algorithms to optimize a feedforward artificial neural network for the prediction of energy generation of PV systems. Genetic algorithms use “parents” and ...

Malaysian state-owned energy firm Petroliam Nasional Berhad will look to boost the country's oil and gas output through key ...

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