News

BP said that second-quarter profit took a hit from lower crude prices, becoming the latest oil major to issue such a warning.
Exxon Mobil said its second-quarter earnings will take a hit. Shell has said its trading profit will be lower than thought.
Exxon Mobil Corporation dispute, Guyana's oil profits, and Chevron's 2026 cash flow outlook. Click for my CVX update.
Chevron is launching a $5 billion hydrogen project, restructuring global operations, and deepening energy ties with Indonesia through a $34 billion agreement.
Oil major Exxon Mobil told its trading counterparts that it will not buy the Mars crude oil grade until a zinc contamination ...
In a bid to cut $3 billion in costs, Chevron is consolidating its offshore operations into one global division.
The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project ...
Exxon earned nearly $56 billion in profit last year, the biggest annual profit any Western oil company has ever seen. Chevron set its own record with $35 billion in profit.
Chevron's growth hinges on the successful Hess acquisition, particularly for access to Guyana's prized oil assets and to ...
CVX and Exxon Mobil, in a strategic collaboration with Pertamina, lead a $34 billion US-Indonesia agreement to boost energy and agri-trade ties.
Exxon Mobil made $56 billion in profit last year, its largest annual haul ever. Chevron earned $36 billion, also a company record. But after a bountiful 2022, the outlook for those companies and ...
XOM may offload its 59 Singapore gas stations in a $1B deal as it shifts focus to high-return, low-carbon assets.