News

Exxon CEO Congratulates Chevron After Bruising Feud Over Guyana

The head of Exxon Mobil Corp. has offered an olive branch to his counterpart at Chevron Corp. now that their hard-fought ...

Q2 profits at Exxon Mobil and Chevron dip to lowest level in 4 years on subdued energy prices

Exxon Mobil’s profit dropped in the second quarter to the lowest level in four years as oil prices declined amid an increase ...

Exxon and Chevron, Rivals Turned Frenemies, Face Profit Pressure-Cooker

Rather than jockeying for an advantage in their weakened state, the two longtime rivals are set to work together more and ...

Oil giants brace for impact: Exxon and Chevron Q2 earnings to reveal profit hit amid crude chaos

Exxon Mobil ( NYSE: XOM) and Chevron ( NYSE: CVX) are set to report their Q2 earnings on Friday before the market opens, with ...

Exxon Mobil, Chevron say oil production is booming and they’re rolling in cash

Chevron said worldwide and U.S. net oil-equivalent production set quarterly records, as production from its Tengizchevroil ...

Forced frenemies, Exxon and Chevron take diverging paths as leaders of the booming Permian

The top Big Oil giants in the Western Hemisphere, Exxon Mobil and Chevron also are the top producers in the booming Permian ...

Exxon, Chevron top Q2 estimates: Key takeaways

Exxon (XOM) and Chevron (CVX) reported second quarter profits at four-year lows but still topped estimates as oil (CL=F, BZ=F ...
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Exxon’s Next Move: Permian Expansion or Deepwater Dive After Hess Loss?

Try, Try Again Exxon Mobil’s (NYSE:XOM) recent loss in arbitration to Chevron (NYSE:CVX) over the $53 billion Hess ...

Converging Exxon and Chevron operations could spur next mega-merger

Exxon Mobil and Chevron's recent major acquisitions raise a provocative question: does the U.S. still need two energy titans, ...

Chevron positions for battle of US oil majors with bigger rival Exxon

The US oil major was embroiled in a battle with ExxonMobil over its $53bn acquisition of Hess, Donald Trump cancelled its licence in Venezuela and plunging oil prices caused it to announce it was ...