News

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 ...
Q2 profits at Exxon Mobil and Chevron dip to lowest level in 4 years on subdued energy prices
Exxon Mobil’s profit dropped in the second quarter to the lowest level in four years as oil prices declined amid an increase ...
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 ...
Chevron Overcomes ExxonMobil to Acquire Hess. Which High-Yield Energy Stock Is the Better Buy Now?
ExxonMobil and Chevron have become much stronger and balanced companies over the years. The former's corporate plan through ...
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’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.
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 ...
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 ...