Exxon Mobil Corporation dispute, Guyana's oil profits, and Chevron's 2026 cash flow outlook. Click for my CVX update.

The preparations come as both companies await a decision in a legal challenge from larger rival ExxonMobil that will make or break the $53-billion deal.

U.S. oil producer Hess Corp has announced its decision to exit Suriname’s offshore Block?59, returning operations to the ...

The arbitrators in the legal dispute between Exxon Mobil and Hess have reached a decision that will determine whether Chevron can move forward with its planned $53B merger with Hess.

Shares of Hess Corp. advanced 4.82% to $150.23 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.07% to 6,225.52 and Dow Jones ...

Exxon just warned Wall Street of billion-dollar profit hits. Here's what may cause it. Exxon flags potential hit in profit just as OPEC and allies announce larger production increases. Oil futures ...

OPEC+ to Increase Output by 548,000 Barrels a Day in August. What it Means for Oil Markets. Crude futures settled lower. The market was restrained by the widely held view that OPEC+ will agree to ...

Hess Corp, a U.S. oil company, has decided to withdraw its offshore Block 59 in Suriname, said the South American nation’s state oil firm Staatsolie on Tuesday.

In order to acquire Hess’ interest in the Guyana field, Exxon and CNOOC assert that they have a contractual right of first refusal. Meanwhile, Hess and Chevron contend that the clause isn’t ...

U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil ...

There is some risk for ExxonMobil investors, as Q1 capital returns outpaced net income; however, the shortfall is offset by ...