Chevron and rival ExxonMobil are in a high-stakes battle for ownership of one of the most prized oilfields in the world.

This week, a private arbitration panel in London began hearing the arguments of U.S. supermajors ExxonMobil and Chevron regarding their rights to one of the world’s most lucrative oil projects.

Chevron’s $53 billion bid to acquire Hess hinges on a high-stakes arbitration with ExxonMobil, which claims a right to Hess’ coveted stake in Guyana’s booming oil fields, The Wall Street Journal ...

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.

Republican lawmakers are encountering a surprising source of opposition to reforming and rationalizing U.S. energy policy: ...

U.S. crude oil inventories rose by 1.3 million barrels last week, while stocks of gasoline and diesel increased amid higher refinery capacity use, according to data released by the EIA. Elliott had ...

For today’s newsletter our west Africa correspondent Aanu Adeoye reports on the recent upheaval at Nigeria’s national oil company. The country’s president replaced the entire board last month as ...

The company would be able to maintain key infrastructure but be barred from importing oil from the South American country.

A plan obtained by CNBC Arabia outlines potential cooperation between Syrian authorities and U.S. energy firms to rebuild ...

The Swiss National Bank sold its entire stake in oil producer Chevron Corp. because it now considers investments in the stock to breach its portfolio guidelines, according to a person familiar with ...

OPEC’s Hidden Spot to See More Production. The Neutral Zone, an oil-rich territory shared by Saudi Arabia and Kuwait, could see more production very soon after the two countries announced a new oil ...