'We welcome Chevron to the venture and look forward to continued industry-leading performance and value creation in Guyana for all parties involved'.

Although ExxonMobil would probably have preferred to partner with a pure-play E&P like Hess rather than a global integrated major like Chevron, the change of ownership won't directly harm ExxonMobil.

ExxonMobil raised $215,000 during its annual Charity Golf Tournament held Monday, July 21, 2025, at Odessa Country Club. This year’s tournament benefited Harmony Home Children’s Advocacy Center.

ExxonMobil is borrowing up to 1 million barrels of crude oil from the Strategic Petroleum Reserve due to quality issues with Mars crude from Gulf of America offshore rigs.

The US major pointed to slower-than-expected demand growth, unfavorable policy changes and rising costs as reasons for ...

Exxon Mobil shares dropped 1.31% on Monday as President Trump announced a 30% tariff on European and Mexican imports starting August 1st, according to Benzinga. The announcement comes ahead of ...

Chevron has completed its planned takeover of US producer Hess after winning its arbitration against ExxonMobil over a stake in Guyana's prolific Stabroek block.

Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger rival… ...

Exxon Mobil leverages cost savings, new projects, and robust dividends for resilient growth, despite commodity price challenges. Learn more on XOM stock here.