The profit of a consortium by oil producers Exxon Mobil, Hess and CNOOC in Guyana increased 64% last year to $10.4 billion, Exxon said on June 3, amid facility updates that allowed a sustained ...

This is likely to be a long legal battle over a valuable oil reserve, which is what every oil company wants. The fight ...

Amid a reduction in its global workforce, Chevron plans to lay off over 200 Midland County employees on July 15.

Suriname’s oil future looms large as the nation faces a political transition and rising foreign interest in its oil reserves. Suriname is a small country located on the northeastern shoulder of South ...

This billion-barrel standoff is more than a contractual dispute. It is a test case for how energy giants navigate partnership rules in a climate of industry consolidation, rising geopolitical ...

U.S. crude oil inventories rose by 1.3 million barrels last week, while stocks of gasoline and diesel increased amid higher refinery capacity use, according to data released by the EIA. Elliott had ...

By Sheila Dang HOUSTON (Reuters) -Top U.S. oil producer Exxon Mobil and Hess will meet face-to-face on Monday in a court ...

Dow Jones Top Energy Headlines at 12 AM ET: Why Exxon and Chevron Are Fighting So Hard Over an Oil Project in Guyana | ‘It’s ... Why Exxon and Chevron Are Fighting So Hard Over an Oil Project in ...

Merger-arbitrage funds’ biggest wager of the year faces a crucial test in the coming days, as a private arbitration panel begins hearing Exxon Mobil Corp.’s challenge to Chevron Corp.’s $53 billion ...

Guyana government-contracted audits of expenses by ExxonMobil Guyana and its partners have triggered disputes in expenses now totalling US$279.1 million spanning two audits, the Natural Resources ...

IN May 2015, ExxonMobil discovered oil in Guyana. In 2025, the sale of this nationally owned asset has shaped the economy in ways that are simply unimaginable since Independence. Guyana became a ...