CVX and Exxon Mobil approach major shale gas deals in Algeria, aiming to boost output, strengthen Europe's energy security ...

Oil stocks face poor risk-reward as oversupply and weaker demand are likely to push Brent prices down to $50 by 2026. Should ...

CVX sharpens its LNG edge with massive Gorgon and Wheatstone projects, boosting efficiency and steady revenues from Asia ...

The technical aspects have more or less been agreed upon, but the commercial alignment is still under negotiation and will ...

Chevron plans to merge the Hess exploration team with its own to "challenge some of our conventional thinking" and make new ...

ExxonMobil reported net income declined 23% year-over-year to $7.08 billion, and it was down 44% to $2.49 billion for Chevron ...

When playing catch up, picking up the pace may not be enough. One also has to hope rivals don't accelerate. Just ask Europe’s ...

ExxonMobil is poised to benefit significantly from Guyana's emergence as a major oil-producing nation due to favorable terms ...

Algeria is nearing final agreements with Exxon and Chevron to explore and invest in its shale gas resources, aiming to ...

Exxon Mobil’s profit dropped in the second quarter to the lowest level in four years as oil prices declined amid an increase in production by OPEC+, but the results still managed to beat Wall Street’s ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The boost in output, triggered by strong growth in the companies’ operations in the Permian, the largest US oilfield, helped the groups to beat Wall Street expectations even as lower oil prices sent ...