News

New BP Chairman’s Record Shows How to Make Oil Major More Like Exxon, Chevron

Manifold will join the BP board on Sept. 1 and take over as chairman on Oct. 1, the company said in a statement Monday. He ...

Analysts on Chevron winning arbitration over Exxon in Hess deal

Chevron closed its $55 billion acquisition of Hess on Friday after winning a landmark legal battle against larger rival Exxon ...

Chevron Closes Megadeal for Hess After Winning Exxon Arbitration

Arbitrators cleared the way for the long-delayed $53 billion acquisition after Exxon tried to pre-empt the deal.

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 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 ...
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Why oil giants like Chevron are eager to drill near Guyana

Oil production near Guyana is ramping up while production in places like the Permian Basin appears to be approaching a ...

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 ...

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 ...