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 closed its $55 billion acquisition of Hess on Friday after winning a landmark legal battle against larger rival Exxon ...

Chevron struck the deal to acquire Hess in October 2023. Exxon tried to block the move last year, saying it had a right of ...

Chevron is clear to proceed with its $53B acquisition of Hess after an arbitration panel dismissed Exxon Mobil's claim of a ...

Chevron has prevailed against Exxon Mobil in a dispute over Hess Corp.’s offshore oil assets in the South American nation of ...

Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger ...

Exxon Mobil Corporation XOM has a strong portfolio of upstream assets, centered around oil-rich prolific resources in the ...

As the global oil and gas industry was under-investing in the finding of new reserves in recent years, a consortium led by ExxonMobil was pouring billions into the Stabroek Block offshore Guyana ...

Exxon and its partners inaugurated Guyana's production in 2019 and today deliver all the oil output in country, from their 6.6-million-acre (26,800 sq km) Stabroek block.

Exxon Mobil Corp. (NYSE: XOM) expects its oil and gas production to grow heavily in the Permian Basin and Guyana, despite a potential border conflict in Guyana’s oil-producing region. In a new ...

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.