The profit of a consortium by oil producers Exxon Mobil , Hess and CNOOC in Guyana increased 64% last year to $10.4 billion, ...

XOM and CVX battle in arbitration over Hess' stake in Guyana's oil-rich Stabroek Block, with 11B barrels and industry ...

Exxon’s battle to bid on a stake in a major oil discovery has chilled the once-cordial relationship it had with rival Chevron ...

This is likely to be a long legal battle over a valuable oil reserve, which is what every oil company wants. The fight ...

Though ExxonMobil believes it will win its Guyana-related arbitration against Chevron and Hess, it will be “business as usual ...

This week, a private arbitration panel in London began hearing the arguments of U.S. supermajors ExxonMobil and Chevron regarding their rights to one of the world’s most lucrative oil projects.

Two of the world’s biggest oil companies, Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX), are locked in a tense dispute over ...

Exxon Mobil is positioning for the next upcycle by focusing on low-cost, highly profitable projects, especially in Guyana.

In 2015, 11 billion barrels of proven oil reserves were discovered off Guyana's coast, with a present value of over half a ...

While speaking at a Bernstein conference, Chapman said he was confident that a three-member arbitration panel would rule in ...

A crucial court hearing kicks off in London, where Exxon Mobil, Hess, and CNOOC face off against Chevron over its $53 billion ...