A critical ruling gave Chevron the go-ahead for a $53 billion acquisition of Hess, access to one of the biggest oil finds of ...

Chevron Corp. won its arbitration battle with Exxon Mobil Corp. and has closed its $53-billion deal to buy Hess Corp. more ...

The conclusion of the saga removes a stock overhang for Chevron and paves the way for the $53 billion deal to close ...

Former Pioneer Natural Resources CEO Scott Sheffield told Hart Energy, “For now, I remain one of Exxon’s largest individual ...

The path is clear for Chevron CVX and Hess HES to complete its $53 billion merger that was announced in 2023, giving Chevron ...

Since the merger of Exxon and Mobil, about 25 years ago, the company has reduced its share count from about seven billion shares, down to 4.1 billion at the end of 2023.

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

Exxon Mobil is laying off nearly 400 employees in Texas after a recent merger with fellow oil and gas company Pioneer Natural. The Texas Workforce Commission, a state agency that oversees ...

At a $59.5 billion all-stock deal, Pioneer Natural Resources acquisition was the largest by Exxon since the merger with Mobil in 1998. It was also the largest deal in the energy sector in the last ...

ExxonMobil Corp. said it expects to see an extra $1 billion in annual benefits from the 1999 merger of Exxon and Mobil, which would bring revenue gains and savings from the merger to over $8 ...