HOUSTON (AP) — Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access to one of the biggest oil finds of the decade. Chevron said ...
The 16-month-long battle royal between ExxonMobil and Chevron over one of the world’s most lucrative oil deposits offshore at Guyana has finally ended with Chevron emerging the winner. With the ...
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Chevron finalizes $53B deal for Hess, ending dispute with Exxon over Guyana oil field stake
Chevron completed its $53 billion acquisition of Hess on Friday, ending a legal battle with Exxon Mobil over offshore oil assets in Guyana. A ruling this week from an arbitration panel of the ...
Chevron will be allowed to proceed with its $53 billion purchase of Hess after winning arbitration with rival Exxon, The Wall Street Journal reported Friday. That means Chevron will assume Hess’s ...
The oil companies expect to have seven projects producing in Guyana by the end of 2029. Here's a closer look at how the Hammerhead project will strengthen ExxonMobil's and Chevron's ability to grow ...
US operator Hess may be preparing for a merger with supermajor Chevron, but that hasn’t stopped its ballooning production in Guyana and the Bakken shale at home. Fuelled by the prolific offshore ...
Exxon Mobil Corp. and Chevron Corp. outperformed Wall Street expectations after new oilfield projects and acquisitions boosted crude output. Exxon’s adjusted third-quarter profit per-share was 7 cents ...
HOUSTON, Nov 12 (Reuters) - Chevron (CVX.N), opens new tab said on Wednesday it expects that a prolific oilfield in Guyana could hold more than the current estimate of 11 billion barrels of oil ...
Guyana’s oil producing capacity has just jumped to 900,000 barrels per day (bpd) after ExxonMobil launched production from Yellowtail, the fourth oil development in Guyana’s prolific offshore Stabroek ...
(Update) October 31, 2025, 5:49 PM GMT: Article updated. North America’s two dominant oil companies are carving divergent paths as the global crude market staggers toward what’s widely expected to be ...
Exxon Mobil on Friday started production months ahead of schedule at its fourth and newest floating development in the coveted and contested Stabroek block in the waters off Guyana. The production ...
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