17 energy companies commit $100M in new Permian partnership

A group of big energy players in the Permian Basin has made $100 million available in West Texas and New Mexico, Reuters reported Saturday.

Chevron, EOG Resources and ExxonMobil are among the 17 that have pledged money toward health care, education and civic infrastructure struggles in and around one of the hottest areas for oil in the world. The 17 that make up the Permian Strategic Partnership will work with other officials and groups to address labor and housing shortages, overtaxed health care…

Source: The Business Journal