News

Chevron Corporation’s CVX LNG business is a key part of its strategy, anchored by the company's large projects in Australia ...
CVX and Exxon Mobil approach major shale gas deals in Algeria, aiming to boost output, strengthen Europe's energy security ...
Algeria is close to finalizing a deal with Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) to tap its vast natural gas reserves ...
Chevron plans to merge the Hess exploration team with its own to "challenge some of our conventional thinking" and make new ...
The top Big Oil giants in the Western Hemisphere, Exxon Mobil and Chevron also are the top producers in the booming Permian Basin—but they’re pledging to take very different paths going forward.
Exxon Mobil’s profit dropped in the second quarter to the lowest level in four years as oil prices declined amid an increase in production by OPEC+, but the results still managed to beat Wall Street’s ...
CVX topped Q2 earnings estimates and closed the Hess deal, but dilution, pricing pressure, and margin risks loom.
When playing catch up, picking up the pace may not be enough. One also has to hope rivals don't accelerate. Just ask Europe’s ...
ExxonMobil reported net income declined 23% year-over-year to $7.08 billion, and it was down 44% to $2.49 billion for Chevron ...
Chevron shares have lost around 4% this year, while Exxon's stock is down 8%. That contrasts with gains of about 7% for the S&P 500 index SPX in the same period.
Chevron closed its $55 billion acquisition of Hess on Friday after winning a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.
The boost in output, triggered by strong growth in the companies’ operations in the Permian, the largest US oilfield, helped the groups to beat Wall Street expectations even as lower oil prices sent ...