Chevron’s imminent entry into Guyana’s rich offshore oilfields solves one of the biggest problems dogging the U.S. major: ...

Chevron and ExxonMobil are now joint venture partners in Guyana's lucrative Stabroek offshore oil block following Chevron's ...

At a private arbitration hearing in London the two companies will square off over the right to buy a 30% stake in Guyana’s Stabroek oilfield, owned by U.S. energy firm Hess . Four Way Tussle ...

Chevron struck the deal to acquire Hess in October 2023. Exxon tried to block the move last year, saying it had a right of ...

Chevron's oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the importance of the U.S. major's planned acquisition of oil producer Hess that has stalled due to a ...

Exxon Mobil Corp. is one of the oil industry’s most litigious companies, always ready to take a rival, a government, a green ...

HOUSTON (Reuters) -Hess shareholders on Tuesday approved the proposed $53 billion merger with Chevron that paves the way for the No. 2 U.S. oil company to gain a prize asset and a foothold in rival ...

Exxon plays hardball with Chevron to hoard Guyana's vast oil riches. It’s rare for disputes between any of the world’s supermajor oil companies to spill out in public. It’s even rarer that one could ...

A high-stakes corporate clash is unfolding between Chevron CVX and ExxonMobil XOM — two of the world’s largest oil companies. At the heart of the dispute is Guyana’s offshore Stabroek Block ...

U.S. oil major Chevron said on Wednesday that hearing for an arbitration regarding Hess' Guyana assets have been scheduled for May 2025. Last October, Hess agreed to sell itself to Chevron for $53 ...

Chevron Faces New Venezuela Risk as Maduro Threatens Guyana Back to video Article content Should Maduro’s threat be “more than saber rattling, the US administration would most likely limit Chevron’s ...

Exxon Mobil (XOM) and Chevron (CVX) stock will be closely watched by investors this week as the two oil giants get set for a battle over lucrative oil discoveries in South America. Easily unpack a ...