HOUSTON — Exxon is not trying to acquire Hess as the oil major battles with Chevron over lucrative oil assets in the Guyana, CEO Darren Woods said Monday. When asked …
Mike Wirth, CEO of Chevron and John Hess, CEO of Hess, appear on CNBC to speak about Chevron’s deal to buy Hess Corp for $53 billion all-stock deal, on the …
Hess Corp shares fell Tuesday after Chevron warned investors that a dispute with Exxon Mobil and China’s National Offshore Oil Corp. (Cnooc) over Guyana’s offshore oil assets could jeopardize its …
Guyana, a tiny South American nation home to more than 800,000 people, made big headlines in December. The reason? Its neighboring country, Venezuela. Venezuela’s autocratic leader Nicolás Maduro called for …
Another Wall Street analyst has thrown their support behind Coterra Energy , adding to Jim Cramer’s belief that the oil and gas producer is a stock to watch in the …
Pavlo Gonchar | LightRocket | Getty Images Occidental Petroleum has agreed to buy CrownRock, a major privately held energy producer that operates in the Permian Basin, for $12 billion. The …
Darren Wood, CEO of Exxon Mobil, speaking on CNBC’s Squawk on the Street on Dec. 7th, 2023. CNBC Exxon Mobil CEO Darren Woods on Thursday dismissed worries that the Federal …
OPEC has refused to switch to bigger output increases as group sources have cited a lack of spare capacity among members to add more barrels as well as the need …
In 2023 true diversification killed you. If you chose to buy stocks across a wide swath of sectors —financials, retailers, drugs, foods, utilities, autos, airlines and oils — and your …
A Chevron gas station is shown in Austin, Texas, on Oct. 23, 2023. Brandon Bell | Getty Images News | Getty Images On Monday, Chevron announced plans to acquire oil …