There were also bright spots in the statement, which comes ahead of official second-quarter earnings on Aug. 5.

Exxon Mobil said its second-quarter earnings will take a hit. Shell has said its trading profit will be lower than thought.

CVX's offshore zinc contamination disrupted Mars crude flows, forcing DOE action and roiling Gulf Coast refiners.

This issue has prompted the US Government to release barrels from its emergency stockpile to support regional refineries.

Energy producer aims to start construction by 2027 to secure U.S. tax credits before they expire under the new federal budget ...

Energy producer aims to start Project Labrador construction by 2027 to secure US tax credits before they expire under the new ...

A company that went public in 2019, Aramco has a current market capitalization more than three times as large as its nearest ...

Exxon Mobil Corporation dispute, Guyana's oil profits, and Chevron's 2026 cash flow outlook. Click for my CVX update.

Chevron's growth hinges on the successful Hess acquisition, particularly for access to Guyana's prized oil assets and to ...

The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening ...

Hess Corp.'s planned $53 billion sale to Chevron Corp.—which could close imminently if an arbitration panel rejects a ...

Chevron is pushing ahead with its $53 billion acquisition of Hess, preparing for integration and layoffs while awaiting an ...