News

An oil-producing consortium in Guyana comprising Exxon Mobil , Hess and CNOOC posted a 64% surge in 2024 profit to $10.4 ...
Exxon Mobil said its oil-producing consortium in Guyana with partners Hess and CNOOC posted a 64% surge in FY 2024 profit to ...
XOM and CVX battle in arbitration over Hess' stake in Guyana's oil-rich Stabroek Block, with 11B barrels and industry ...
Two of the world’s biggest oil companies, Exxon Mobil ( NYSE: XOM) and Chevron ( NYSE: CVX ), are locked in a tense dispute ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, ...
Though ExxonMobil believes it will win its Guyana-related arbitration against Chevron and Hess, it will be “business as usual ...
The feud has chilled the relationship between their CEOs. It comes to a head when arbitration starts Monday.
Dispute over stake in Hess’s Stabroek oilfield has implications for joint operating agreements between companies ...
This week, a private arbitration panel in London began hearing the arguments of U.S. supermajors ExxonMobil and Chevron regarding their rights to one of the world’s most lucrative oil projects.
Top U.S. oil producer Exxon Mobil and Hess will meet face-to-face on Monday in a court hearing to determine the fate of ...
A high-stakes corporate clash is unfolding between Chevron CVX and ExxonMobil XOM — two of the world’s largest oil companies. At the heart of the dispute is Guyana’s offshore Stabroek Block ...