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Chevron’s megadeal for Hess gets approval after winning legal battle with Exxon
Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.
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Exxon’s Next Move: Permian Expansion or Deepwater Dive After Hess Loss?
Try, Try Again Exxon Mobil’s (NYSE:XOM) recent loss in arbitration to Chevron (NYSE:CVX) over the $53 billion Hess ...
Exxon and Chevron, Rivals Turned Frenemies, Face Profit Pressure-Cooker
Rather than jockeying for an advantage in their weakened state, the two longtime rivals are set to work together more and ...
Exxon CEO Congratulates Chevron After Bruising Feud Over Guyana
The head of Exxon Mobil Corp. has offered an olive branch to his counterpart at Chevron Corp. now that their hard-fought ...
Exxon Mobil, Chevron say oil production is booming and they’re rolling in cash
Net income fell 43.8% from a year ago to $2.49 billion, while adjusted earnings per share, which excludes nonrecurring items, ...
Forced frenemies, Exxon and Chevron take diverging paths as leaders of the booming Permian
The top Big Oil giants in the Western Hemisphere, Exxon Mobil and Chevron also are the top producers in the booming Permian ...
Oil giants brace for impact: Exxon and Chevron Q2 earnings to reveal profit hit amid crude chaos
Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) are set to report their Q2 earnings on Friday before the market opens, with ...
Converging Exxon and Chevron operations could spur next mega-merger
Exxon Mobil and Chevron's recent major acquisitions raise a provocative question: does the U.S. still need two energy titans, ...
Chevron positions for battle of US oil majors with bigger rival Exxon
The US oil major was embroiled in a battle with ExxonMobil over its $53bn acquisition of Hess, Donald Trump cancelled its licence in Venezuela and plunging oil prices caused it to announce it was ...