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Chevron prepares for US oil supermajor battle with Exxon
Six months ago Chevron was in a tough spot. The US oil major was embroiled in a battle with ExxonMobil over its $53bn acquisition of Hess, Donald Trump cancelled its licence in Venezuela and plunging oil prices caused it to announce it was cutting as much as 20 per cent of its workforce.
The top Big Oil giants in the Western Hemisphere, Exxon Mobil and Chevron also are the top producers in the booming Permian ...
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Exxon Mobil’s profit dropped in the second quarter to the lowest level in four years as oil prices declined amid an increase ...
The head of Exxon Mobil Corp. has offered an olive branch to his counterpart at Chevron Corp. now that their hard-fought ...
Rather than jockeying for an advantage in their weakened state, the two longtime rivals are set to work together more and ...
Exxon Mobil's second-quarter profit dropped to the lowest level in four years and sales fell as oil prices slumped as OPEC+ ramped up production.
Top U.S. oil producers Exxon Mobil and Chevron are expected to report their lowest earnings in four years when they release ...
The boost in output, triggered by strong growth in the companies’ operations in the Permian, the largest US oilfield, helped the groups to beat Wall Street expectations even as lower oil prices sent ...
Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.
After losing an arbitration battle to block Chevron’s $53 billion acquisition of Hess, ExxonMobil is scouting for its own oil patch deals, The Wall Street Journal writes. CEO Darren Woods says ...
Exxon Mobil and Chevron's recent major acquisitions raise a provocative question: does the U.S. still need two energy titans, ...
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