Chevron Corp. announced Friday that it has completed its acquisition of Hess Corp. The combined company has one of the most advantaged and differentiated portfolios in the industry, with leading ...

Chevron and ExxonMobil are now joint venture partners in Guyana's lucrative Stabroek offshore oil block following Chevron's acquisition of Hess Corporation, despite a challenging arbitration battle.

Chevron completed its $53 billion acquisition of Hess after all legal hurdles were cleared, including the company's vast oil ...

According to the EIA, U.S. proved reserves of crude oil and lease condensate totaled 46 billion barrels at year-end 2023, a 4 ...

More than 1,300 DLE cycles have now been completed cross six months of U.S. field operations, underscoring scalability.

Regional drive-to travel is also gaining ground and helping fuel demand in the area. In fact, because this is a growing trend ...

Environmental advocate group Greenpeace has spoken out against the African Energy Chamber (AEC) and Africa’s energy sector, citing the continent’s efforts to accelerate development as a coordinated ...

Environmental hate group Greenpeace has once again launched an attack on the African Energy Chamber ( and Africa’s energy ...

SÃO PAULO—South American oil fields are booming. Brazil, Guyana and Argentina are forecast to drive more than 80% of growth in global oil production outside the OPEC bloc over the next five years, ...

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The discovery of oil in North Dakota 69 years ago transformed the state, influencing its economy and politics.

A slowdown in drilling activities in the Permian Basin, the largest U.S. shale oil production region, should provide some underlying support to the price of crude oil, Goldman Sachs said in its ...