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Oil stocks face poor risk-reward as oversupply and weaker demand are likely to push Brent prices down to $50 by 2026. Should ...
ExxonMobil reported net income declined 23% year-over-year to $7.08 billion, and it was down 44% to $2.49 billion for Chevron ...
Exxon Mobil and Chevron's recent major acquisitions raise a provocative question: does the U.S. still need two energy titans, ...
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.
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 ...
ExxonMobil is poised to benefit significantly from Guyana's emergence as a major oil-producing nation due to favorable terms ...
Algeria is nearing final agreements with Exxon and Chevron to explore and invest in its shale gas resources, aiming to significantly boost its gas pipeline and LNG exports.
After an arbitration court ruled in Chevron’s favor over its contested acquisition of Hess, the oil majors are feeling upbeat ...
Guyana’s oil production capacity has grown to over 900,000 barrels per day (bpd) as Exxon Mobil Corp. and its partners in the ...
Net income fell 43.8% from a year ago to $2.49 billion, while adjusted earnings per share, which excludes nonrecurring items, ...
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 ...
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