News

Exxon Mobil said its second-quarter earnings will take a hit. Shell has said its trading profit will be lower than thought.
Exxon Mobil Corporation dispute, Guyana's oil profits, and Chevron's 2026 cash flow outlook. Click for my CVX update.
BofA's Salisbury sees limited downside and long-term upside for Chevron as the Hess arbitration decision nears a resolution.
Chevron is laying the groundwork to swiftly close its planned acquisition of smaller oil producer Hess , according to two sources and an industry analyst, including by preparing a severance program ...
Chevron's growth hinges on the successful Hess acquisition, particularly for access to Guyana's prized oil assets and to ...
Chevron is pushing ahead with its $53 billion acquisition of Hess, preparing for integration and layoffs while awaiting an ...
CVX and Exxon Mobil, in a strategic collaboration with Pertamina, lead a $34 billion US-Indonesia agreement to boost energy and agri-trade ties.
Exxon earned nearly $56 billion in profit last year, the biggest annual profit any Western oil company has ever seen. Chevron set its own record with $35 billion in profit.
ExxonMobil and Chevron both reported record massive profits thanks to record gasoline prices during the quarter. Exxon’s profit, excluding special items, came to $17.6 billion in the second ...
Companies from Indonesia and the United States are expected to sign a memorandum of understanding worth $34 billion, ...
US oil giant Chevron is planning to build a $5 billion blue hydrogen and ammonia plant in Port Arthur, Texas, and has ...