The FTC will approve Chevron's acquisition of Hess with one major condition, reports say. But that doesn't mean the deal will close anytime soon.

Petrobras’s exploration and production chief ruled out returning to Venezuela. The state-run oil giant sent a delegation to visit oil fields in the country at the request of President Nicolás Maduro, ...

NRF; we did that. We said we will pass a new Petroleum Activities Act, updating the 1986 one; we did that. We said we would strengthen the ...

Bloomberg News, citing sources familiar with the situation, reported that U.S. Energy Major Chevron agreed with U.S. Federal ...

HOUSTON (Reuters) -U.S. antitrust regulators will bar Hess CEO John Hess from taking a board seat as a condition of its ...

ExxonMobil has been exploring opportunities to deliver LNG ... together with oil and gas production in the Permian, Guyana, ...

Chevron Corp. agreed that Hess Corp. Chief Executive Officer John Hess won’t join the company’s board as part of an agreement ...

Chinese companies are investing heavily in the sparsely populated South American country, home to the largest oil find in a ...

EXXONMOBIL revealed it paid US$7.41 billion in taxes and royalties to the United Arab Emirates last year, more than any other ...

The opposition People’s National Congress Reform/A Partnership for National Unity (PNCR/APNU) on Wednesday unveiled plans to ask ExxonMobil to agree to change the 2016 Production Sharing ...

ExxonMobil picked Hammerhead as its seventh project in the Stabroek block offshore Guyana and expects next year to make a ...