2025 looks more challenging for the oil and gas industry.

Pioneer Natural Resources, previously the largest independent energy company based in the region, repaid millions in ...

Fallout continues from Exxon Mobil Corp.'s acquisition of ... 1,900 Pioneer employees were offered jobs as part of the merger." Exxon Mobil Corp. (NYSE: XOM) closed on its $59.5 billion ...

Oil prices declined in 2024 due to macro challenges in China and an increase in supply from the U.S. and non-OPEC (Organization of the ...

However, total revenue for the quarter was $83.4 billion, falling short of the anticipated $86.33 billion. Free cash flow of $8 billion came in well ahead of analyst estimates of $6.6 billion, but it ...

Patterson + Sheridan has welcomed Kristian Sullivan as counsel. He is based in the firm’s Houston office.

Chevron on Wednesday announced it will lay off 15-20% of its global workforce in an effort to reduce costs by up to $3 ...

The Federal Trade Commission on Friday approved separate consent orders resolving antitrust concerns over two multibillion-dollar oil deals: Exxon Mobil ... s $60 billion merger, the company ...

Investors are frustrated at the valuation gap between BP and its London-listed rival Shell, as well as US energy giants ...

Chevron’s (CVX) stalled acquisition of Hess (HES) is taking on even more importance for investors after the company’s oil and ...

On Tuesday, Chevron Corp (NYSE: CVX) disclosed that its oil and gas reserves have dwindled to their lowest levels in over ten years, underscoring the critical nature of its planned acquisition of Hess ...

This increases the chances of Exxon Mobil winning, which would make the merger with Chevron at least problematic with a likely outcome of not occurring (at least on the terms negotiated).