News

Hess to exit Suriname offshore oil block after partners leave over drilling risks
U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil ...
Energy ETFs In Focus After Exxon Flags $1.5 Billion Profit Hit
Exxon's caution pressures energy ETFs like XLE and VDE, as oil prices dip and investors weigh OPEC+ moves and sector rotation ...
The Manila Times6h
Chevron preps quick closing of Hess deal and awaits result of Exxon dispute
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 expects $1.5bn hit to Q2 earnings from lower oil and gas prices
ExxonMobil has forecast a reduction of $1.5bn in its second-quarter (Q2) earnings 2025 due to lower oil and gas prices, as ...
Stocktwits on MSN16h
Exxon Mobil Braces for $1.5B Q2 Earnings Hit From Weaker Oil, Gas Prices
Exxon Mobil (XOM) stock edged lower in extended trading on Monday after the energy firm said weak oil and gas prices could ...
OilPrice.com16h
Chevron Prepares to Close Hess Acquisition
Chevron is pushing ahead with its $53 billion acquisition of Hess, preparing for integration and layoffs while awaiting an ...
Stabroek News16h
Exxon signals lower oil, gas prices could hit second-quarter profit
Exxon Mobil (XOM.N), signaled yesterday that lower oil and gas prices could cut its second-quarter earnings by about US$1.5 ...