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CHEVRON HESS ACQUISITION
US stock market: Wall Street ends in record weekly high but S&P 500, Dow Jones, Nasdaq struggleS&P 500, Dow Jones, Nasdaq struggled on Friday at Wall Street as US Stock market ended in mix for the day.
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US stock market today: Wall Street pauses near record highs as earnings, inflation expectations take center stageUS stock market ends mixed as S&P 500 record high headlines the stock market today as it touched a new peak before pulling back slightly on...
Chevron gets go ahead for $53 billion Hess dealChevron secured a crucial ruling in Paris, paving the way for its USD 53 billion acquisition of Hess. This deal grants Chevron access to th...
Chevron share rises as it clinches Hess acquisition after winning Exxon legal battleChevron closes Hess acquisition after winning a legal fight with Exxon Mobil, securing its $55 billion deal and gaining access to Guyana’s ...
Chevron wins Exxon battle over Guyana oilfieldChevron is set to finalize its $53 billion acquisition of Hess after winning a legal dispute with Exxon Mobil over access to the Stabroek B...
U.S. oil company announces lay off, around 8,000 staff to lose jobsAt the end of 2023, Chevron employed 40,212 people across its operations. A layoff of 20 per cent of total employees would be about 8,000 p...
As crude fades, Big Oil must borrow to pay investorsFour of the five supermajor oil companies are likely borrowing to fund $15 billion in share buybacks due to weakening crude prices and refi...
US explorer ConocoPhillips to buy Marathon Oil in $17 billion dealThe move expands ConocoPhillips' footprint in domestic shale fields from Texas to North Dakota and hands the company reserves as far afield...
In a warming world, clean energy stocks fall while oil prospersThe shares of a broad range of clean energy companies have been crushed lately, in a rout that encompasses just about every alternative ene...
Chevron's game-changing $53 billion deal with Hess Corp: A bold step into Guyana's oil boomChevron Corp has announced a $53 billion all-stock deal to acquire its smaller rival, Hess Corp, in a move that will reshape the energy lan...
ONGC Videsh loses bid for two oil blocks in MexicoONGC Videsh Ltd, the overseas arm of state-owned explorer Oil and Natural Gas Corp (ONGC), has lost out on its bid for two oil blocks in Me...
ONGC Videsh qualified along with Chevron, Exxon for Mexico bid roundONGC Videsh Ltd is among the 19 companies and seven groups to have pre-qualified to bid for Mexico's maiden offshore oil blocks auction.
- OVL completes acquisition of 2 Caspian assets
US energy firm Hess Corporation has completed the $1-billion sale of its stakes in oil-rich Chirag and Guneshli fields to ONGC Videsh (OVL).
- ONGC Videsh's plan to buy assets in Azerbaijan gets nod
“The acquisition shall provide OVL, oil production of about 1 million tonnes per year for about a decade,” the oil ministry said after the ...
Cabinet Committee on Economic Affairs approves OVL's $1 billion Azerbaijan acquisitionThe Cabinet Committee on Economic Affairs (CCEA) today approved ONGC Videsh Ltd's acquisition of stake in an Azerbaijan oilfield for $ 1.00...
- CCEA to consider approving OVL's $1 bn Azerbaijan acquisition
The acquisition was subject to government and regulatory approvals and is expected to close by the first quarter of 2013.