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

This month, a Plaquemines Parish jury awarded the parish a $745 million verdict against oil giant Chevron for damage the company’s predecessor, Texaco, allegedly caused in coastal marshes dating ...

John Wreford / SOPA Images / LightRocket via Getty Images ExxonMobil (XOM) reported better first-quarter results than analysts expected Friday, while rival Chevron (CVX) beat profit estimates but ...

Chevron meets Wall Street profit estimates but cuts buybacks in Q2 Chevron on Friday reported first-quarter earnings that met Wall Street estimates, but said it would spend less on share ...