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U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil ...
Exxon's caution pressures energy ETFs like XLE and VDE, as oil prices dip and investors weigh OPEC+ moves and sector rotation ...
The preparations come as both companies await a decision in a legal challenge from larger rival ExxonMobil that will make or break the $53-billion deal.
ExxonMobil has forecast a reduction of $1.5bn in its second-quarter (Q2) earnings 2025 due to lower oil and gas prices, as ...
Exxon Mobil (XOM) stock edged lower in extended trading on Monday after the energy firm said weak oil and gas prices could ...
Chevron is pushing ahead with its $53 billion acquisition of Hess, preparing for integration and layoffs while awaiting an ...
Exxon Mobil (XOM.N), signaled yesterday that lower oil and gas prices could cut its second-quarter earnings by about US$1.5 ...
Benchmark Brent crude prices averaged $66.71 per barrel during the April to June quarter, an 11% decline from the previous ...
Exxon Mobil said on Monday that lower prices for oil and gas could reduce its second-quarter profits by $1.5 billion compared to the previous quarter.