News

Oil stocks face poor risk-reward as oversupply and weaker demand are likely to push Brent prices down to $50 by 2026. Should ...
Algeria is close to finalizing a deal with Exxon Mobil and Chevron to tap its vast natural gas reserves including shale for the first time, the chairman of Algeria's energy regulator said.
Exxon Mobil and Chevron's recent major acquisitions raise a provocative question: does the U.S. still need two energy titans, ...
ExxonMobil reported net income declined 23% year-over-year to $7.08 billion, and it was down 44% to $2.49 billion for Chevron ...
When playing catch up, picking up the pace may not be enough. One also has to hope rivals don't accelerate. Just ask Europe’s ...
The top Big Oil giants in the Western Hemisphere, Exxon Mobil and Chevron also are the top producers in the booming Permian ...
CVX topped Q2 earnings estimates and closed the Hess deal, but dilution, pricing pressure, and margin risks loom.
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
ExxonMobil has significantly increased Guyana's oil production capacity with the launch of the Yellowtail project, bringing ...
Net income fell 43.8% from a year ago to $2.49 billion, while adjusted earnings per share, which excludes nonrecurring items, ...
Exxon Mobil Corp. posted better-than-expected results after robust oil production from the Permian Basin and Guyana cushioned the impact of lower crude prices.
Lower crude prices dented profits at ExxonMobil and Chevron as the companies signaled Friday they are moving past a legal ...