News

Exxon Mobil said its second-quarter earnings will take a hit. Shell has said its trading profit will be lower than thought.
Exxon Mobil Corporation dispute, Guyana's oil profits, and Chevron's 2026 cash flow outlook. Click for my CVX update.
Chevron Corporation CVX is undertaking a sweeping corporate overhaul aimed at slashing costs and improving efficiency, making ...
Chevron is reducing local and regional business units in favor of a more centralized model to improve performance and cut as ...
Chevron is laying the groundwork to swiftly close its planned acquisition of smaller oil producer Hess , according to two sources and an industry analyst, including by preparing a severance program ...
The closing of the acquisition has been delayed due to arbitration claims from Exxon and CNOOC, the other minority partner in ...
Chevron's growth hinges on the successful Hess acquisition, particularly for access to Guyana's prized oil assets and to ...
CVX and Exxon Mobil, in a strategic collaboration with Pertamina, lead a $34 billion US-Indonesia agreement to boost energy and agri-trade ties.
Exxon, Chevron, and others are increasingly eyeing South America for low-cost, low-emission production as shale basins mature ...
US oil giant Chevron is planning to build a $5 billion blue hydrogen and ammonia plant in Port Arthur, Texas, and has ...
Exxon earned nearly $56 billion in profit last year, the biggest annual profit any Western oil company has ever seen. Chevron set its own record with $35 billion in profit.