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Algeria is close to finalizing a deal with Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) to tap its vast natural gas reserves ...
Chevron Corporation’s CVX LNG business is a key part of its strategy, anchored by the company's large projects in Australia ...
3d
Zacks.com on MSNChevron & Exxon Near Landmark Deal to Unlock Algeria's Gas Reserves
CVX and Exxon Mobil approach major shale gas deals in Algeria, aiming to boost output, strengthen Europe's energy security ...
ExxonMobil reported net income declined 23% year-over-year to $7.08 billion, and it was down 44% to $2.49 billion for Chevron ...
1h
Zacks Investment Research on MSNExxonMobil's Outlook Robust on Guyana Discoveries & Permian Presence
Exxon Mobil Corporation XOM has a strong presence in offshore Guyana resources and the Permian, the most productive basin in ...
14d
Zacks.com on MSNPost Q2 Earnings, Is Chevron a Name to Watch or One to Chase?
CVX topped Q2 earnings estimates and closed the Hess deal, but dilution, pricing pressure, and margin risks loom.
The boost in output, triggered by strong growth in the companies’ operations in the Permian, the largest US oilfield, helped the groups to beat Wall Street expectations even as lower oil prices sent ...
The oil and gas sector appears poised to undergo another round of consolidation in the coming years due to the convergence of multiple trends ...
Exxon reported growing its volumes to 1.6 million barrels of oil equivalent a day, including natural gas, while Chevron hit its 2025 target of 1 million barrels daily during the second quarter.
Chevron shares have lost around 4% this year, while Exxon's stock is down 8%. That contrasts with gains of about 7% for the S&P 500 index SPX in the same period.
When playing catch up, picking up the pace may not be enough. One also has to hope rivals don't accelerate. Just ask Europe’s ...
Chevron plans to merge the Hess exploration team with its own to "challenge some of our conventional thinking" and make new ...
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