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

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

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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.

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

CVX to lay off nearly 200 Texas workers in July as part of a global workforce cut of up to 20% by 2026, to reduce costs and ...

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

Amid a reduction in its global workforce, Chevron plans to lay off over 200 Midland County employees on July 15.

Chevron's disciplined capital allocation and Guyana assets make it resilient and attractive despite recent earnings pressure ...

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

Top U.S. oil producer Exxon Mobil and Hess will meet face-to-face on Monday in a court hearing to determine the fate of ...