Exxon Mobil Corporation dispute, Guyana's oil profits, and Chevron's 2026 cash flow outlook. Click for my CVX update.

Chevron is pushing ahead with its $53 billion acquisition of Hess, preparing for integration and layoffs while awaiting an ...

U.S. oil producer Hess Corp has announced its decision to exit Suriname’s offshore Block?59, returning operations to the ...

The preparations come as both companies await a decision in a legal challenge from larger rival ExxonMobil that will make or break the $53-billion deal.

HOUSTON (Reuters) -The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project in Guyana, according to two sources familiar with the ...

The arbitrators in the legal dispute between Exxon Mobil and Hess have reached a decision that will determine whether Chevron can move forward with its planned $53B merger with Hess.

Hess declined to comment on the arbitration process and ExxonMobil and CNOOC International have been contacted for comment. * This article has been updated with responses from Chevron and Hess.

HOUSTON, (Reuters) – The arbitrators in a legal dispute between Exxon Mobil (XOM.N), and Hess (HES.N) have reached a decision related to a major oilfield project in Guyana, according to two ...

Shares of Hess Corp. advanced 4.82% to $150.23 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.07% to 6,225.52 and Dow Jones ...

Chevron struck its deal to acquire smaller U.S. oil producer Hess in October 2023, with the prize being the latter's 30% stake in the prolific Stabroek block in Guyana that is operated by Exxon ...

Exxon just warned Wall Street of billion-dollar profit hits. Here's what may cause it. Exxon flags potential hit in profit just as OPEC and allies announce larger production increases. Oil futures ...

ExxonMobil, which operates the prolific Stabroek block offshore Guyana with a 45% stake, launched arbitration proceedings last year over Hess’ 30% interest in the field, which is the centre of ...