News

Chevron’s Hess deal boosts Guyana exposure and adds shale growth, while strong cash flow and returns support its outlook.
The story behind how it unfolded shows how American oil executives’ usual cordial relationships were pushed to the breaking ...
Exxon Mobil (XOM.N) has lost its arbitration challenge to block Chevron's (CVX.N),  $55 billion Hess (HES.N) but the top U.S.
Chevron Corp. has prevailed in a 20-month fight to buy Hess Corp. for $53 billion, overcoming a challenge by arch rival Exxon ...
A single line buried in an old contract kicked off a 20-month battle between ExxonMobil and Chevron over control of Guyana’s Stabroek Block, the biggest offshore oil discovery in years. The ...
AS Guyana’s energy sector expands, so too does the national focus on local content and the creation of meaningful ...
When rival Chevron sought a share of the bounty by acquiring Hess, Exxon filed a claim that it had right of first refusal, a move with the potential to scuttle the deal. After the International ...
Chevron closed its $55bn (R975bn) acquisition of Hess on Friday after winning a landmark legal battle against ExxonMobil in ...
The 20-month feud between the Western Hemisphere’s two most powerful oil companies over the biggest offshore discovery in a generation hinged on a single clause of a contract few people have ever seen ...
Scott Sheffield, the founder of Pioneer Natural Resources and one of ExxonMobil’s largest individual shareholders, has ...