U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil ...

Oil Ticks Lower as Traders Weigh U.S. Tariffs, OPEC+ Supply Hikes Crude futures edged lower after gaining the the previous session, as investors weigh renewed U.S. tariff threats and the OPEC+ output ...

Exxon just warned Wall Street of billion-dollar profit hits. Here's what may cause it. Exxon flags potential hit in profit just as OPEC and allies announce larger production increases. Oil futures ...

Exxon Mobil (XOM) stock edged lower in extended trading on Monday after the energy firm said weak oil and gas prices could ...

Chevron is pushing ahead with its $53 billion acquisition of Hess, preparing for integration and layoffs while awaiting an ...

The shale boom made the US the world’s top oil producer in recent years, ahead of Saudi Arabia and Russia. But with many of ...

There is some risk for ExxonMobil investors, as Q1 capital returns outpaced net income; however, the shortfall is offset by sufficient cash flow and free cash flow, which enable the maintenance of ...

Chevron is laying the groundwork to swiftly close its planned acquisition of smaller oil producer Hess , according to two ...

BAYTOWN, Texas — A piece of Baytown’s skyline and history are now a thing of the past. ExxonMobil’s Main Office Building, affectionately called the “White House” by locals, was imploded ...

Today's Research Daily features new research reports on 16 major stocks, including NVIDIA Corp., Visa Inc. and Exxon Mobil Corp., as well as two micro-cap stocks Omega Flex, Inc. and Weyco Group ...

Exxon evades the issue entirely, while Hess claims to be subject to a 25% corporate income tax, even producing a tax computation – a misleading practice at best, and a dishonest one at worst.

EMGL holds a 45% operating stake in the Stabroek Block, alongside Hess Guyana (30%) and CNOOC Petroleum Guyana (25%). The block is the cornerstone of Guyana’s oil boom, where three floating ...