Chevron finalizes Hess acquisition after arbitration win over ExxonMobil, gaining a key 30% stake in Guyana oil riches.

Exxon Mobil and Chevron's recent major acquisitions raise a provocative question: does the U.S. still need two energy titans, or might it be more efficient for the two to join forces?

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

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

Oil production near Guyana is ramping up while production in places like the Permian Basin appears to be approaching a ...

Chevron and ExxonMobil are now joint venture partners in Guyana's lucrative Stabroek offshore oil block following Chevron's ...

WITH Guyana on the cusp of transformative growth, members of the Guyanese diaspora gathered at the National Press Club, on ...

It’s a big win for Chevron. Buying Hess without the Guyana project would have wiped out the biggest upside from the deal.

Exxon Mobil has begun negotiations with the Trinidad and Tobago government to explore for oil and gas in up to seven ...

Chevron has a clear way for the major oil company to complete its $53 billion acquisition of Hess Corporation’s offshore ...

Exxon is in confidential talks with Trinidad and Tobago to explore up to seven offshore oil blocks, expanding its Caribbean ...

ExxonMobil is producing about 600,000 barrels of oil a day after successfully drilling more than 40 wells off Guyana’s Essequibo region. The Exxon-Mobil consortium also submitted a bid and ...