News

New BP Chairman’s Record Shows How to Make Oil Major More Like Exxon, Chevron

Manifold will join the BP board on Sept. 1 and take over as chairman on Oct. 1, the company said in a statement Monday. He ...

Chevron's win vs. Exxon lifts long-term growth prospects but cost time and billions of dollars

Chevron's arbitration victory over Exxon and closing of its $53B acquisition of Hess helps solve one of Chevron's biggest ...

Exxon, Chevron set stage for race for prize assets

The high-stakes clash between Exxon Mobil and Chevron over a prized South American oilfield may be a sign of what's to come ...

Chevron finalizes $55B deal for Hess, ending dispute with Exxon over Guyana oil field stake

Chevron struck the deal to acquire Hess in October 2023. Exxon tried to block the move last year, saying it had a right of ...

Exxon restarts purchases of Mars crude after brief pause over zinc issues, sources say

Oil major Exxon Mobil bought Mars crude for August delivery, two sources said on Wednesday, after briefly halting purchases ...
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Chevron, Eni, Shell and ExxonMobil face talks over future in Kazakhstan

Chevron, Eni, Shell and ExxonMobil face possibility of Kazakh government ending contracts for giant Tengiz, Karachaganak and Kashagan projects ...