The firm’s chief executive said that the field in the Baltic Sea might eventually produce up to 40,000 barrels of oil a day, ...

Chevron completed its purchase of Hess after prevailing in a legal dispute with Exxon over one of the most promising oil ...

Oil production near Guyana is ramping up while production in places like the Permian Basin appears to be approaching a ...

Zinc levels in flagship U.S. offshore crude Mars' production stream are now within expected levels after some contamination ...

Explore the biggest oil and gas mergers since 2000, massive deals totaling tens of billions reshaped the global energy market dynamics.

Known for its high payouts to shareholders, Exxon Mobil Corporation (NYSE:XOM) has distributed more than $125 billion in ...

Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access ...

Vice-President Kashim Shettima says President Bola Tinubu resisted pressure from oil cabals in the oil sector following the ...

Despite a slump in crude oil prices compared to last year, the world’s largest oil and gas companies have stuck to their ...

Chevron has a clear way for the major oil company to complete its $53 billion acquisition of Hess Corporation’s offshore ...

Exxon Mobil (XOM) is in talks with the Trinidad and Tobago government to explore for oil and gas in up to seven deepwater ...