U.S. oil giant Chevron has finalized a deal to acquire competitor Hess for $53 billion (£44 billion) in the latest significant oil merger in the nation.
Exxon smashes Western oil majors’ earnings record with $56 billion profit for 2022, Reuters
HOUSTON, Jan 31 (Reuters) – Exxon Mobil Corp (XOM.N) posted a $56 billion profit for 2022, the company said on Tuesday, taking home about $6.3 million per hour last year, and setting
Exxon sues EU to block ‘counter-productive’ windfall tax
ExxonMobil sued the EU to overturn its windfall tax on oil companies. Brussels is accused of being overreaching its legal rights with the “counterproductive” policy.
Guyana approves Exxon Mobil’s fourth offshore oil project
Exxon Mobil Corp, received Friday approval from the Environmental Protection Agency of South America to start work on its fourth offshore oil field in Guyana.