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

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 ...

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 ...

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

Chevron Corp. (NYSE: CVX) on Friday closed its $53 billion purchase of Hess Corp., winning a protracted legal fight with ...

US supermajor has to figure out how to maximise Guyana’s golden goose on its balance sheet ...

Chevron closes on its biggest deal yet, several months after it was first announced. Chevron has completed its $53 BILLION ...

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

Chevron Corporation CVX has finally completed its big purchase of Hess Corporation, a deal that was held up for almost two years! This happened after an international arbitration panel rejected a ...

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.

Chevron’s Hess deal boosts Guyana exposure and adds shale growth, while strong cash flow and returns support its outlook.