News

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'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 ...
Scott Sheffield Bashes Exxon Mobil After FTC Clears Him
Former Pioneer Natural Resources CEO Scott Sheffield told Hart Energy, “For now, I remain one of Exxon’s largest individual ...
Chevron completes Hess acquisition after defeating Exxon in dispute over Guyana oil assets
Chevron has prevailed against Exxon Mobil in a dispute over Hess Corporation’s offshore oil assets in the South American ...
Exxon's Profit Took a $1.5 Billion Hit Last Quarter. Is the Oil Stock Still Worth Buying?
Exxon expects that its earnings will decline by $1.5 billion in the second quarter. It expects its earnings to grow ...
How One Clause Sparked Exxon-Chevron Feud That Turned Personal
The 20-month feud between the Western Hemisphere’s two most powerful oil companies over the biggest offshore discovery in a generation hinged on a single clause of a contract few people have ever seen ...
FTC reverses bans on two executives joining Chevron, Exxon boards
The U.S. Federal Trade Commission on Thursday reversed bans on the CEOs of takeover targets joining the boards of Chevron and ...
FTC Reopens Consent Orders for Proposed Acquisitions from Exxon Mobil, Chevron
The FTC has reopened an order involving Chevron’s proposed acquisition of Hess, and another regarding Exxon Mobil’s proposed ...