News

Chevron’s $53 billion acquisition of Hess gives it a major stake in Guyana’s booming Stabroek oil block, reshaping its global ...
October 2023 was a big month for oil and gas shake-ups. ExxonMobil (NYSE: XOM) announced an all-stock merger with exploration ...
Chevron and ExxonMobil are now joint venture partners in Guyana's lucrative Stabroek offshore oil block following Chevron's ...
Chevron has prevailed against Exxon Mobil in a dispute over Hess Corporation’s offshore oil assets in the South American ...
Oil production near Guyana is ramping up while production in places like the Permian Basin appears to be approaching a ...
Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger ...
Exxon Mobil heads into Q2 2025 with cost savings and asset sales supporting resilient earnings, despite commodity price ...
Exxon Mobil Corporation XOM has a strong portfolio of upstream assets, centered around oil-rich prolific resources in the ...
Chevron finalizes Hess acquisition after arbitration win over ExxonMobil, gaining a key 30% stake in Guyana oil riches.
Exxon Mobil Corp. (NYSE: XOM) and Hess Corp. (NYSE: HES) have started production on Guyana’s third offshore oil development in the Stabroek Block, which has gained attention with a recent ...
ExxonMobil affiliate Esso Exploration and Production Guyana Limited is operator and holds 45% interest in the Stabroek Block. Hess Guyana Exploration Ltd. holds 30% interest and CNOOC Petroleum ...
Exxon, the largest oil company in the West, strengthened its grip on Guyana's oil riches on Wednesday as it received government approval for a third oil-drilling project, set to produce crude by 2024.