Chevron to Buy Hess for $53 Billion

[ad_1] Updated Oct. 23, 2023 7:45 am ET Chevron said it would buy Hess in an all-stock deal worth $53 billion, the second major oil tie-up this month following Exxon…

Fuel Prices Are Soaring. Who Is Feeling the Pinch?

[ad_1] Production cuts made by OPEC and its allies have pushed crude oil to 10-month highs. [ad_2] Source link

Exxon’s Canadian Affiliate Struggles With Oil Sands Wastewater Leak

[ad_1] Indigenous groups are criticizing a delay in revealing the full extent of toxic seepage in northern Alberta. [ad_2] Source link

WSJ News Exclusive | Exxon Mobil Eyes Potential Megadeal With Shale Driller Pioneer

[ad_1] WSJ News Exclusive Business Oil-and-gas giant has held informal, early-stage talks to buy the $49 billion-market cap Pioneer Natural Resources [ad_2] Source link

WSJ News Exclusive | Chesapeake to Sell Shale Oil Assets to Chemical Maker Ineos for $1.4 Billion

[ad_1] WSJ News Exclusive Business Deal is expected to be British chemical maker Ineos’s first in upstream U.S. oil and gas, coming as Chesapeake increases its focus on natural gas…

WSJ News Exclusive | Chevron Explores Algerian Gas Plans Amid Russian Sanctions

[ad_1] The oil giant is in talks to clinch a deal in the North African nation that holds bigger shale resources than the U.S. [ad_2] Source link

Even a Housing Crash Can’t Bring Back a Shale Boom This Time

[ad_1] Markets Heard on the Street Plummeting housing construction, which led to mass layoffs, was one tailwind for the labor-intensive shale sector following the 2008 downturn. History may not repeat.…