Chevron will lay off nearly 600 legacy Hess workers after its $55 billion acquisition July 18, according to the Texas Workforce Commission.

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

Big oil companies are forecast to post their lowest quarterly profits in four years after geopolitics whipsawed prices and ...

Foreign oil tankers are being temporarily barred from loading at Russia's main Black Sea ports following new regulations, two ...

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

HOUSTON (Reuters) -Zinc levels in flagship U.S. offshore crude Mars' production stream are now within expected levels after some contamination was identified in recent weeks, oil producer Chevron said ...

Chevron produces about 3.1 million barrels of oil per day while in first quarter 2025, Hess managed 476,000. For context then, the U.S. consumes roughly 20 million barrels a day, and so $54 billion ...

Oil futures turned lower as the boost from the U.S. trade deal with Japan wanes and traders await U.S. inventory data. GE Vernova Stock Soars on Earnings Beat. Wall Street Loves the Power Firm. The ...

Even as new environmental impacts from offshore oil and gas facilities are emerging, also emerging is the full extent of clean-up costs – and who is liable.