Exxon Mobil authorized a $6.8 billion expansion offshore of sparsely populated Guyana, it announced Sept. 22. The project is its seventh in just a decade within the massive South American oil ...
The oil companies expect to have seven projects producing in Guyana by the end of 2029. Here's a closer look at how the Hammerhead project will strengthen ExxonMobil's and Chevron's ability to grow ...
Exxon Mobil and Chevron are boosting production, led by strong output from the Permian Basin and Guyana, even as oil prices are expected to decline. The two major oil companies have reported an ...
Exxon Mobil Corp. and Chevron Corp. outperformed Wall Street expectations after new oilfield projects and acquisitions boosted crude output. Exxon’s adjusted third-quarter profit per-share was 7 cents ...
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Chevron's Hess Megadeal Is Quickly Paying Off
Chevron's production surged in the third quarter, fueled in part by its acquisition of Hess. The oil giant also produced a gusher of free cash flow. It has lots of momentum as it heads into 2026. 10 ...
Muneshwers wharf in Guyana serves Exxon and its partners. Exxon boosted oil and gas production in Guyana to 700,000 barrels a day. (Oscar B. Castillo for WSJ) Exxon Mobil and Chevron posted lower ...
Chevron and Exxon are 'deep-pocketed names that are thinking 20 and 30 years out' Chevron plans to boost oil and gas production by up to 3% a year through 2030. Exxon's five-year plan calls for an ...
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