Hess' liquidity backstop is very strong. The firm has $1.2 billion in cash and more than $3 billion available on its credit facility as of the last reporting period. In addition, the term structure of ...

A vessel chartered by Chevron carrying some 500,000 barrels of Venezuelan oil is about to complete the discharge of the cargo ...

In 2022, Saudi Aramco was the largest company in the world by market cap when oil prices were high. It also posted record profits that year. Since then, this energy and chemicals company has made ...

BP has announced a new oil discovery in the deepwater U.S. Gulf of Mexico, marking a boost to its upstream production ...

OPEC cut forecasts for global oil demand growth this year and next as President Donald Trump’s tariff onslaught takes a toll ...

Koonenberry Gold has lifted 30% on broad, high-grade results from the second diamond hole at Sunnyside prospect.

Chevron Corporation, a major U.S.-based oil company, has been told to send back almost 1 million barrels of oil to Venezuela.

At least two vessels carrying Venezuelan crude chartered by Chevron are stalled due to state oil company PDVSA canceling ...

HOUSTON (Reuters) -At least two vessels carrying Venezuelan crude chartered by Chevron are now stalled in Venezuelan waters ...

Vessels carrying Venezuelan crude chartered by Chevron are stalled due to cancellation of their export authorizations after the U.S. imposed secondary tariffs.

Chevron Corp. was ordered to return nearly 1 million barrels of Venezuelan oil to Petroleos de Venezuela SA in a blow to the ...

Analysts warn that declining commodity prices often point to slower economic growth and weaker overall demand — factors that generally weigh down corporate performance.