News

Chevron Closes Megadeal for Hess After Winning Exxon Arbitration
Arbitrators cleared the way for the long-delayed $53 billion acquisition after Exxon tried to pre-empt the deal.
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 ...
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 ...
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 ...
Pioneer founder Scott Sheffield no longer wants to join Exxon board after FTC ruling
Longtime shale boss and North Texas energy magnate Scott Sheffield said he’s no longer interested in joining Exxon Mobil Corp ...
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 ...
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Canteen Workers at Exxon Refinery Due to Strike
Fawley workers will be famished when the oil refinery's canteen staff strike over poverty pay', UK union Unite said.
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 ...