There were also bright spots in the statement, which comes ahead of official second-quarter earnings on Aug. 5.

The US Department of Energy on Friday said it would provide up to 1 million barrels of crude oil from the Strategic Petroleum ...

Exxon Mobil said its second-quarter earnings will take a hit. Shell has said its trading profit will be lower than thought.

Oil major Exxon Mobil told its trading counterparts that it will not buy the Mars crude oil grade until a zinc contamination ...

Hess Corp.'s planned $53 billion sale to Chevron Corp.—which could close imminently if an arbitration panel rejects a ...

Exxon Mobil Corporation dispute, Guyana's oil profits, and Chevron's 2026 cash flow outlook. Click for my CVX update.

The International Chamber of Commerce in Paris is currently reviewing the decision before releasing it to the involved ...

The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project ...

Chevron's growth hinges on the successful Hess acquisition, particularly for access to Guyana's prized oil assets and to ...

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.

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 ...

Exxon (XOM) and Chevron (CVX) stocks have slumped over the past year as both companies navigate weaker oil (CL=F, BZ=F) prices and diverging capital strategies. CFRA research energy equity analyst ...