News

Exxon Mobil Corporation dispute, Guyana's oil profits, and Chevron's 2026 cash flow outlook. Click for my CVX update.
Chevron is pushing ahead with its $53 billion acquisition of Hess, preparing for integration and layoffs while awaiting an ...
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.
HOUSTON (Reuters) -The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project in Guyana, according to two sources familiar with 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.
The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and ...
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 ...
While the wider market is thriving and touching record highs at the moment, the overall energy sector seems to be lagging ...
“You know, we're confident the judges will go in our favour, but if they don't, and Chevron can purchase Hess, Chevron becomes a partner instead of Hess, no change for us. It's no change at all ...
Meanwhile, Hess and Chevron contend that the clause isn’t applicable to the sale of the entire company. Announced in October 2023, the anticipated acquisition is one of the largest transactions ...
The shale boom made the US the world’s top oil producer in recent years, ahead of Saudi Arabia and Russia. But with many of ...
In May, Hess received the necessary shareholder approval to complete the merger with Chevron Corp. by a slight majority of 51%. In addition, Guyana's President Irfaan Ali approved Chevron's joining a ...