Permian Basin

Verde Clean Fuels Formalize $50 Million Equity Investment with Cottonmouth

HOUSTON — Verde Clean Fuels, Inc. has officially announced the closing of the previously announced $50 million equity investment by…

10 months ago

IOCs reports historic loss, Cut Production in Permian Basin

The biggest U.S. oil producers reported historic losses last week and predicted that it could take months to recover as…

6 years ago

ExxonMobil to Triple Permian Production by 2025

IRVING, Texas----ExxonMobil has officially announced that it plans to triple total daily production to more than 600,000 oil-equivalent barrels by…

8 years ago

PAA to start construction of Cactus II Pipeline from the Permian Basin

Will Add Up to 585,000 Barrels Per Day of Permian Basin Pipeline Takeaway Capacity A subsidiary of Plains All American…

8 years ago