Chevron and ExxonMobil are now joint venture partners in Guyana's lucrative Stabroek offshore oil block following Chevron's ...

Chevron won its hotly contested legal battle against rival Exxon Mobil, allowing it to immediately close its $53 billion ...

The path is clear for Chevron CVX and Hess HES to complete its $53 billion merger that was announced in 2023, giving Chevron ...

Guyana's coming auction of offshore oil exploration blocks has lured at least 10 companies including Shell, Petrobras and Chevron, to consider the decade's hottest oil region, people close to the ...

The deal makes Chevron a partner with Exxon , opens new tab in Guyana's booming oilfields, which are expected to generate 1.2 million barrels of oil per day by 2027. Sign up here.

The company will offer $171 for every Hess share, according to Reuters. “This combination positions Chevron to strengthen our long-term performance and further enhance our advantaged portfolio ...

We thought that much of Hess’ potential from Guyana, including future exploration success, was already priced in, assuming $60/barrel oil long-term. As such, we saw the shares as 40% overvalued ...

Guyana's coming auction of offshore oil exploration blocks has attracted at least 10 companies including Chevron (CVX), Exxon Mobil (XOM), Petrobras (PBR) and Shell (SHEL), Reuters reports ...

Chevron said it is considering drilling an exploration well in the Walvis Basin off the coast of Namibia in 2026 or 2027. Skip to content. ... If Chevron finds another Guyana, ...

On Oct. 23, Chevron CVX announced its intention to acquire Hess HES for $171 per share, or $53 billion, in an all-equity deal (1.025 Chevron shares per Hess share) based on Chevron’s closing ...