CVX

The Oil Patch Is Primed for an Era of Megadeals

A tie-up between Exxon and Pioneer would put pressure on Chevron and other rivals to pursue deals of their own.…

1 year ago

Chevron Labor Dispute Flares Up Again in Australia

Workers at two natural-gas facilities operated by Chevron in Australia have voted to restart industrial action, reigniting a dispute that…

1 year ago

Oil is Near $100. Shale Isn't Coming to the Rescue.

Frackers are constrained by investor payouts, inflation and interest rates, keeping spending in check. Source link

1 year ago

Exxon and Chevron Stalk More Shale Deals as Profits Dip

The oil giants together added $14 billion in profits to their cash piles and have signaled they’re not finished shopping…

2 years ago

Chevron Waives Retirement Age for CEO Mike Wirth

The oil giant reported higher-than-expected profit in the second quarter. Source link

2 years ago

Exxon Mobil Buys Pipeline Operator, Making Big Bet on Carbon

Exxon Mobil is buying pipeline operator Denbury for almost $5 billion, a big bet by the oil giant on the…

2 years ago