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  • [ July 18, 2025 ] Chevron Triumphs Over ExxonMobil, Ending 20-Month Battle to Acquire Hess Big Oil Companies
HomeHess Corporation

Hess Corporation

Chevron Triumphs Over ExxonMobil, Ending 20-Month Battle to Acquire Hess
Big Oil Companies

Chevron Triumphs Over ExxonMobil, Ending 20-Month Battle to Acquire Hess

July 18, 2025 Clark Savage

In a landmark victory for Chevron Corporation (NYSE: CVX), the oil giant has officially completed its $53 billion acquisition of Hess Corporation (NYSE: HES) today, following Hess’s successful arbitration win against ExxonMobil Corporation (NYSE: XOM). […]

ExxonMobil and Chevron fighting over Guyana oil Created by Grok on X
Crude Oil News

U.S. Oil Titans Clash in Epic Showdown Over Guyana’s 11-Billion-Barrel Jackpo

May 27, 2025 Clark Savage

As energy exports include our United States oil and gas exploration company expertise, this story is just another confirmation that the importance of great leases in critical plays will be argued and fought over. This […]

Hess
Earnings

Hess Beat Earnings Estimates On Robust Guyana Output

July 31, 2024 Mariel Alumit

Hess Corp. (NYSE:HES) has posted an impressive second-quarter earnings report with its stake in prolific Guyana helping it exceed estimates. Hess reported Q2 2024 non-GAAP EPS of $2.62, beating the Wall Street consensus by $0.07 while revenue of […]

Crude Oil News

Deal Spotlight Episode #7: Exxon vs. Chevron for Hess and The Battle For Guyana

May 23, 2024 Michael Tanner

Guyana has emerged as one of the most prized oil assets over the last 10 years and the race to develop this asset is seen as critical to stable oil production growth over the next 10 years. Chevron has attempted to jump into this growth […]

Oil and gas
Downstream

Oil and gas will continue to power the world for decades to come, big oil firms say

June 30, 2023 Mariel Alumit

Oil and gas will remain leading sources of energy for decades to come, major industry players echoed during the inaugural Energy Asia conference. “Energy transition is going to take a lot longer, it’s going to […]

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