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 ...

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 ...

Mr. Cavalier of Matrix added,“We are honored to have advised Dunne Manning on the divestment of PMI Lubricants. PMI is a very well-managed lubricants distributor, led by the talented Kathy Draper.

Analysts surveyed by LSEG are expecting Amazon to report revenue of $187 billion for its latest quarter on Thursday.

A combination of Honda and Nissan, which would have created the world’s third-largest auto maker, looks to be off the table.

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

ExxonMobil is the unrivaled leader of the oil patch. It should continue to lead its peers in the future, fueled by its heavy ...

That investment will grow output from its highest-margin assets, which will increase its earnings and free cash flow. Exxon also plans to deliver a cumulative $18 billion in cost savings by the end of ...

Exxon Mobil is building a natural gas power plant and implementing carbon capture technology to power AI data centers.

Key stats: Exxon repurchased $19 billion in shares in 2024 and will repurchase $20 billion in 2025 and 2026. At year-end, the net debt-to-capital ratio ticked up to 6%, but it remains very low.

However, total revenue for the quarter was $83.4 billion, falling short of the anticipated $86.33 billion. Free cash flow of ...

The value of Hess Corporation keeps increasing with rising Guyana production and the slow arbitration process. Read why HES ...