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Who Will Win Guyana's Oil? Chevron and ExxonMobil Face OffWhy Chevron Needs Hess For Chevron, the stakes are enormous. Its oil and gas reserves fell to 9.8 billion barrels at the end of 2024, the lowest level in over a decade. Adding Hess’s Guyana ...
Venezuela wants to annex territory nearly the size of Florida from neighboring Guyana, one of the world’s fastest-growing crude-oil producers. WSJ’s Kejal Vyas explains the region’s ...
Chevron's disciplined capital allocation and access to the high-margin Guyana oil assets make the company attractive for investment during periods of lower oil prices. The relative stability of ...
Warren Buffett's company, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), is stingy when it comes to paying dividends. Oil giant Chevron (NYSE: CVX) is one of Berkshire's top holdings. A big draw is ...
Exxon Mobil’s growth potential from Guyana and the Pioneer deal offsets legal risks and weak headlines, making risk-rewards ...
Because Exxon has several development projects lined up to expand production in Guyana in the coming years, it's a key driver of Chevron's view that its acquisition of Hess will double its free ...
According to Reuters, Chevron's $53-billion deal to acquire oil producer Hess, intended to give it access to Guyana's lucrative oilfield, is in jeopardy due to a court battle with larger rival ...
Oil-titan Chevron, the second largest oil producer in the U.S., announced it will be reducing its global workforce by 20% as it is seemingly trying to slim costs and streamline operations.
A high-stakes corporate clash is unfolding between Chevron CVX and ExxonMobil XOM — two of the world’s largest oil companies. At the heart of the dispute is Guyana’s offshore Stabroek Block ...
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