Oil markets stayed stuck on the fence Friday after Exxon Mobil and Chevron both posted stronger-than-expected profits, even ...

CEO Mike Wirth is overhauling the oil giant’s ‘nice’ corporate culture, getting tougher not just on his employees but also on ...

Chevron’s $53 billion acquisition of Hess gives it a major stake in Guyana’s booming Stabroek oil block, reshaping its global oil strategy amid production challenges.

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

With Hess finally in hand, Chevron can focus on tapping upsized opportunities in Guyana as it cements its position as a Top ...

Chevron's $55B acquisition of Hess secures future growth with access to Guyana's rich oil fields! A major win for long-term ...

Hess shares rose after an arbitration panel dismissed Exxon Mobil's claim that the oil producer was contractually obliged to give Exxon a chance to buy its crown jewel, the oilfields off the coast of ...

Chevron struck the deal to acquire Hess in October 2023. Exxon tried to block the move last year, saying it had a right of first refusal to buy Hess’ Guyana assets because of its joint operating ...

The oil project's riches have not only attracted the attention of oil majors such as Chevron but also that of countries such as Venezuela.

Exxon Mobil has lost its arbitration challenge to block Chevron's $55 billion Hess acquisition deal, but the top U.S. oil ...

Chevron completed its $53 billion acquisition of Hess after all legal hurdles were cleared, including the company's vast oil fields off the coast of Guyana.

Arbitrators cleared the way for the long-delayed $53 billion acquisition after Exxon tried to pre-empt the deal.