There were also bright spots in the statement, which comes ahead of official second-quarter earnings on Aug. 5.

Exxon Mobil said its second-quarter earnings will take a hit. Shell has said its trading profit will be lower than thought.

Exxon Mobil Corporation dispute, Guyana's oil profits, and Chevron's 2026 cash flow outlook. Click for my CVX update.

The International Chamber of Commerce in Paris is currently reviewing the decision before releasing it to the involved ...

Exxon Mobil halts Mars crude oil purchases over zinc contamination. Learn how this issue impacts prices and production along ...

The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project ...

In a bid to cut $3 billion in costs, Chevron is consolidating its offshore operations into one global division.

Chevron is laying the groundwork to swiftly close its planned acquisition of smaller oil producer Hess , according to two sources and an industry analyst, including by preparing a severance program ...

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

CVX and Exxon Mobil, in a strategic collaboration with Pertamina, lead a $34 billion US-Indonesia agreement to boost energy and agri-trade ties.