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

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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 ...

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.

A series of cross-border attacks on Guyanese troops, including three on May 15, points to a potential Venezuelan strategy of ...

Exxon Mobil (NYSE:XOM) edged lower despite senior VP Neil Chapman declaring the company the favorite in a $1 trillion ...

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

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

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

Battle of oil titans Chevron and Exxon over Guyana oil project could impact top energy ETFs. M&A, arbitration, and activist investors add to the stakes.