Abu Dhabi National Oil Company (ADNOC) will acquire a 35% equity stake in Exxon Mobil Corp's proposed low-carbon hydrogen project in Texas, with the companies
September 04, 2024
Exxon Mobil said on Monday it expects crude demand to stay above 100 million barrels per day (bpd) through 2050, similar to today's levels, a forecast 25% higher
August 26, 2024
An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil riches in Guyana, four people
August 20, 2024
Exxon Mobil on Friday posted a better-than-expected $9.2 billion second-quarter profit based on rising oil prices and volume gains from its purchase this year of shale oil
August 02, 2024
Exxon Mobil's legal bid to stop Chevron's proposed $53 billion acquisition of Hess rests on whether the transaction would involve a change of control of Hess'
July 18, 2024
Former Chevron Corp chairman and CEO Kenneth T.
July 15, 2024
Oil producers Chevron Corp and Hess Corp expect the U.S.
July 11, 2024
The final member has been chosen for a three-person arbitration panel meant to settle Exxon Mobil's claim against Chevron's $53 billion purchase of Hess Corp, two
July 02, 2024
A contract arbitration panel that could block or green-light the $53 billion sale of Hess Corp to Chevron remains incomplete three months after the case was filed,
June 20, 2024
Exxon Mobil CEO Darren Woods on Monday said his company is trying to secure preemption rights over Hess Corp's Guyana assets in its dispute with Chevron, not buy
March 18, 2024
Chevron CEO Michael Wirth is facing a head-to-head match with Exxon Mobil with his $53 billion bid for Hess and its stake in oil hotspot Guyana, and could wind up
April 26, 2024
Exxon Mobil's surprise challenge to Chevron's acquisition of Hess through a dispute over a stake in a major Guyana oil field could prove fruitful for the U.S. oil
April 26, 2024
Guyana will delay until 2025 its biggest effort to capitalize on its energy bounty, a $1.9 billion gas-to-power project that was to start this year, using
April 26, 2024
Exxon Mobil on Friday posted a better-than-expected $36 billion profit for 2023, lifted by fuels trading and higher oil and gas production.
April 26, 2024
Chevron Corp on Friday reported a sharply lower, $21.3 billion profit for 2023 as earnings from oil production and refining fuels tumbled during a year of missteps
February 02, 2024
It is the end of an era for Big Oil in California, as the most populous U.S. state divorces itself from fossil fuels in its fight against climate change.
April 26, 2024
Exxon Mobil Corp on Sunday filed a complaint in a Texas court seeking to prevent a climate proposal by activist investors from going to a vote during the company's
April 26, 2024
Exxon Mobil's write-down of about $2.5 billion of troubled California properties aims to end five decades of offshore oil production in the state, but a full exit
April 26, 2024
Wall Street analysts are trimming their earnings estimates for Chevron Corp and employees are preparing for potential job cuts as a series of operational setbacks
December 26, 2023
Occidental Petroleum's plan to pay off debt from its acquisition of CrownRock should result in a reduced financial burden within a year of closing, credit rating
April 26, 2024
Exxon Mobil will target annual project spending of between $22 billion and $27 billion through 2027, the company said in an update that largely continues existing
December 06, 2023
Exxon Mobil said on Monday it plans to start producing lithium from subsurface wells by 2027 to provide supplies of the key metal used in electric-car batteries
November 13, 2023
Occidental Petroleum on Tuesday beat analysts' third-quarter profit estimates on strong U.S. oil production, but its results were well below a year ago due to
April 26, 2024
The former head of Exxon Mobil's shale oil and gas business will return as senior vice president over the operation following his successor's arrest earlier this
April 26, 2024
Exxon Mobil Corp on Friday posted a $9.1 billion third-quarter profit, an about 54% drop from record earnings a year ago but up from the prior quarter as oil
April 26, 2024
Multiple people shot along I-75 south of Lexington, Kentucky, authorities say
Police say active shooter in Kentucky left numerous people shot
Musk says SpaceX to launch first uncrewed Starships to Mars in two years
Pope to bring in a ton of humanitarian aid to remote Papua New Guinea as he celebrates periphery
North Korean leader emphasises importance of strengthening naval power
Former director of Los Alamos National Laboratory dead after car crash in New Mexico
Tennis-Sabalenka survives Pegula storm to win U.S. Open women's title
Anderson .Paak's 'K-Pops' draws on an identity rooted in two cultures