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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’s Hess deal boosts Guyana exposure and adds shale growth, while strong cash flow and returns support its outlook.
The story behind how it unfolded shows how American oil executives’ usual cordial relationships were pushed to the breaking ...
Chevron's deal was part of the biggest wave of consolidation in the oil industry for over 20 years and was a strategic counter to Exxon's own blockbuster deal and growing position in the Permian ...
Asian shares are mixed and U.S. futures have edged higher after U.S. stocks logged their third straight winning week. Markets ...
A single line buried in an old contract kicked off a 20-month battle between ExxonMobil and Chevron over control of Guyana’s Stabroek Block, the biggest offshore oil discovery in years. The ...
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Exxon Mobil sank 3.5% and also tugged on the market. It had been challenging Chevron’s $53 billion deal to buy Hess, but an ...
Netflix shares fell 5%, despite a positive earnings report. The streaming giant beat expectations with its quarterly revenue and upgraded its annual guidance. Investors were unimpressed though, amid q ...
The 20-month feud between the Western Hemisphere’s two most powerful oil companies over the biggest offshore discovery in a generation hinged on a single clause of a contract few people have ever seen ...