Page 2 - Value Portfolio News Today

Hess (HES) said the consortium that controls Guyana's oil production is prepared to relinquish 20% of the Stabroek block, but would not concede any areas where it now produces or will do so

Growth biased funds suffered the worst maximum drawdown in 2022.

Exxon Mobil (XOM) disclosed in a 10-K filing Wednesday its global workforce fell by 1,000 last year to 62K employees, the third year in a row the company reduced its workforce

$ unless otherwise stated                                               TSX/NYSE/PSE: MFC     SEHK: 945BOSTON, Dec. 5, 2022 /PRNewswire/ - John Ha...

Chevron (CVX) does not expect to add investment in Venezuela in the short term, CEO Michael Wirth said Thursday, after the Biden administration issued a six-month license allowing...

U.S. oil refiners including Valero (VLO) and PBF (PBF) that were once regular buyers of Venezuelan crude have shown interest in gaining access to cargoes Chevron (CVX) expects to charter.

Nigeria's Supreme Court said Friday it would allow Shell's (SHEL) local subsidiary to appeal a judgment that directed the company to pay $1.8B in compensation over alleged pollution, in...

Chevron (CVX) hopes to start receiving cargoes of Venezuelan oil as soon as next month after winning a U.S

The Biden administration confirmed Saturday it would ease some oil sanctions on Venezuela, including granting Chevron (CVX) a license to resume "limited" oil production in the country...

Chevron (CVX) could win approval from the Biden administration to expand operations in Venezuela in the coming days once the Venezuelan government and its opposition resume political...