The massive volume of wastewater from hydraulic fracturing in the Permian basin is causing ground pressure issues, regulatory ...

Occidental Petroleum said Friday it was considering the sale of a 30% interest in Permian Basin assets acquired from CrownRock to Ecopetrol, its Colombia-based partner in other West Texas holdings.

A leading oil and gas producer in the Permian Basin bought out a smaller company to increase its presence in the region amid a series of mergers in the final weeks of 2023. Occidental Petroleum ...