Chevron will lay off nearly 600 legacy Hess workers after its $55 billion acquisition July 18, according to the Texas Workforce Commission.

XOM strengthens its upstream dominance with Permian and Guyana growth, but Q2 earnings may dip on weaker prices.

Exxon is in confidential talks with Trinidad and Tobago to explore up to seven offshore oil blocks, expanding its Caribbean ...

Big oil companies are forecast to post their lowest quarterly profits in four years after geopolitics whipsawed prices and ...

Good afternoon and happy Wednesday, readers! Transmission is on everyone’s mind in Washington D.C. today, from the Capitol to all the way down Independence Avenue to the Department of Energy. Democrat ...

Chevron produces about 3.1 million barrels of oil per day while in first quarter 2025, Hess managed 476,000. For context then, the U.S. consumes roughly 20 million barrels a day, and so $54 billion ...

The Department of Energy canceled a $4.9 billion loan for a massive multistate transmission project, which would apparently provide upward of five new gigawatts of energy across four states in the ...