Page 149 - Chevron News Today

Hess shareholders approve Chevron merger but challenges remain, OpenAI forms new safety committee as it rolls out next model, and other news to start your day.

Houston-based investment fund Amos Global Energy is waiting for a license from the U.S. Treasury Department to complete the purchase of Chinese Sinopecs stake in a shallow-water oil and gas project in Venezuela, the company said on Tuesday.

ConocoPhillips is in talks with Marathon Oil over an all-stock deal that would value the latter at $15 billion.

Under the terms of the agreement, Marathon Oil shareholders will receive 0.2550 shares of ConocoPhillips for each share of Marathon Oil common stock, a 14.7% premium to the closing share price of Marathon Oil on May 28, 2024.

Some big investing names are backing the oil business. I take a look at what that might mean for the future of the BP share price.

Big Oil keeps doing big deals.

With $250 billion worth of oil and gas M&A deals already inked in 2023, yet another one follows a likely industry-wide defensive pattern of consolidation and not growth.

A look at the day ahead in U.S. and global markets from Mike Dolan World markets wobbled on Tuesday, with benchmark bond yields and volatility gauges jumping to their highest in almost four weeks, as more evidence of the stoic U.S. consumer alongside r...

By Dean Seal ConocoPhillips has agreed to acquire Marathon Oil in an all-stock deal valued at $17.1 billion that would combine two of Americas most recognizable energy companies. The...

Shell and Exxon Mobil are nearing an agreement to sell their jointly-owned gas fields in the southern North Sea to independent British producer Viaro Energy, three industry and banking sources said. ...