A group of U.S. Congressmen toured a fracking site in Midland earlier this week —highlighting the Permian Basin’s role in boosting U.S. Energy. ABC Big 2’s ...

Chevron’s (CVX) decision to cut 20% of its workforce in 2025, recently impacting 800 employees in the Permian Basin region, ...

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

CVX's dividend remains reliable, but reinvestment needs and lost cash flow may slow down its payout growth in the near term.

Civitas Resources is a high-yield investment with a 7% dividend yield, low P/E of 4.7, and strategic growth positioning. Read ...

These small but mighty companies on the Fortune 500 raked in more than $87 billion in combined revenue over the past year.

The cuts are part of the oil company's effort to downsize its global workforce by 20% by 2026. Chevron has a major operation in Texas's Permian Basin.

Chevron to lay off 200 workers in the Permian Basin, rectifying an earlier reported figure of 800 due to a reporting error.

Amid a reduction in its global workforce, Chevron plans to lay off over 200 Midland County employees on July 15.

The layoffs are scheduled to happen on July 15. Back in February, Houston-based Chevron announced it was cutting its global ...

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...

Chevron has confirmed the Texas Workforce Commission mistakenly reported the number of layoffs in Midland as 800.