News

Exxon, Chevron set stage for race for prize assets

The high-stakes clash between Exxon Mobil and Chevron over a prized South American oilfield may be a sign of what's to come ...

Chevron finalizes $55B deal for Hess, ending dispute with Exxon over Guyana oil field stake

Chevron struck the deal to acquire Hess in October 2023. Exxon tried to block the move last year, saying it had a right of ...
Financial Post1d

How One Clause Sparked Exxon-Chevron Feud That Turned Personal

The passage in a confidential agreement signed more than a decade ago that governs how producers work together in Guyana’s booming oil field was the basis for Exxon Mobil Corp.’s arbitration case ...

Chevron's win vs. Exxon lifts long-term growth prospects but cost time and billions of dollars

Chevron's arbitration victory over Exxon and closing of its $53B acquisition of Hess helps solve one of Chevron's biggest ...

Chevron gets go ahead for $53B Hess deal, and access to one of the biggest oil finds this decade

Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access ...

Exxon restarts purchases of Mars crude after brief pause over zinc issues, sources say

Oil major Exxon Mobil bought Mars crude for August delivery, two sources said on Wednesday, after briefly halting purchases ...
Upstream Online5d

Chevron, Eni, Shell and ExxonMobil face talks over future in Kazakhstan

Chevron, Eni, Shell and ExxonMobil face possibility of Kazakh government ending contracts for giant Tengiz, Karachaganak and Kashagan projects ...