There were also bright spots in the statement, which comes ahead of official second-quarter earnings on Aug. 5.

The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening ...

Oil major Exxon Mobil told its trading counterparts that it will not buy the Mars crude oil grade until a zinc contamination ...

Exxon Mobil said its second-quarter earnings will take a hit. Shell has said its trading profit will be lower than thought.

Hess Corp.'s planned $53 billion sale to Chevron Corp.—which could close imminently if an arbitration panel rejects a ...

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

The International Chamber of Commerce in Paris is currently reviewing the decision before releasing it to the involved ...

Early examples of this growing low-carbon infrastructure include electrolyzers in Utah, facilities for storing carbon dioxide ...

Exxon Mobil made $56 billion in profit last year, its largest annual haul ever. Chevron earned $36 billion, also a company record. But after a bountiful 2022, the outlook for those companies and ...

Chevron's growth hinges on the successful Hess acquisition, particularly for access to Guyana's prized oil assets and to ...

Exxon earned nearly $56 billion in profit last year, the biggest annual profit any Western oil company has ever seen. Chevron set its own record with $35 billion in profit.

On Feb. 2, ExxonMobil (XOM-0.52%) and Chevron (CVX-0.38%) reported their fourth-quarter and full-year 2023 results. It was the second-best year for both companies over the last decade (the best ...