Its US$53 billion acquisition of Hess (HES.N), has been stalled due to an arbitration battle with larger rival Exxon Mobil ...

Guyana's government expects a consortium led by U.S. oil major Exxon Mobil to brief officials by the end of March on plans to ...

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Chevron Corporation CVX recently disclosed that its oil and gas reserves have hit a decade low, highlighting the importance ...

Guyana's government anticipates a major Exxon Mobil-led consortium will soon disclose offshore gas development plans. As the ...

ExxonMobil Guyana, Hess and CNOOC have reported obtaining Tax Certificates from the Guyana Revenue Authority amounting to 2.8 billion USD for the years 2020 to 2023, further underscoring the need ...

The block, where Exxon is the operator holding a 45% working interest with partners Hess and China-s CNOOC controlling 30% and 25%, respectively, is situated in Guyana’s territorial waters ...

The African Export-Import Bank (Afreximbank) said it intends to set up a $1-billion “oil service” financing facility in Guyana, hoping to secure participation for African companies in the Caribbean ...

Chevron plans to cut up to 20% of its global workforce as part of a cost-cutting drive following its acquisition of Hess Corp ...

Therefore, Chevron, currently carrying a Zacks Rank #3 (Hold), is looking forward to completing the long-pending Hess acquisition. You can see the complete list of today’s Zacks #1 Rank (Strong ...