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Sabrina Valle

FILE PHOTO: Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFuelIn-DepthNewsOilPoliticsRegulations

Chevron and Hess say US FTC merger review expected for third quarter

The signal from the U.S. regulator is another hurdle for Chevron's proposed acquisition of Hess.

FILE PHOTO: The logo of ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessNewsOil

Exxon-Hess arbitration panel nears formation: sources

The panel's formation would be a milestone in a long-delayed process that has cast uncertainty over the mega-merger, which both Chevron and Hess...

FILE PHOTO: The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. Picture taken November 24, 2019.  REUTERS/Angus Mordant/File Photo
BusinessFinanceFuelLiquefied Natural GasLiquefied Petroleum GasNatural GasNewsOil

Analysis: A mountain of asset sales loom after oil megamerger era

US oil and gas companies could struggle to sell $27bn assets as wave of energy megamergers nears the end of regulatory reviews

A man passes by Exxon Mobil Corp.'s headquarters in Georgetown, Guyana, June 29, 2023. REUTERS/Sabrina Valle/ File Photo
BusinessFinanceNewsOil

Exxon-led Guyana oil group’s net jumps in 2023, margins top Nvidia’s

The offshore oil venture's revenue has soared by 23%.

FILE PHOTO: Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceNewsOil

Hess shareholders sign off on $53 billion sale to Chevron

Hess shareholders on Tuesday approved the company's $53 billion merger with No. 2 U.S. oil company Chevron, according to preliminary results of the...

FILE PHOTO: Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceNewsOil

Hess-Chevron merger vote appears ripe for narrow approval

Hess Corp CEO John Hess has until Tuesday to quell a rebellion by shareholders over his handling of what could turn out to...

FILE PHOTO: Magda Chambriard, director of the ANP oil agency, attends a news conference in Rio de Janeiro May 23, 2013.    REUTERS/Ricardo Moraes/File Photo
AnalysisBusinessEconomyIn-DepthLabourNewsOilPolitics

Magda Chambriard, new Petrobras CEO, tasked with firing up job creation in Brazil

The next chief executive of Petrobras, Magda Chambriard, arrives with the résumé and mandate to make Brazil's state-run oil firm what it was...

FILE PHOTO: ExxonMobil and Pioneer Natural Resources logos are seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsOil

Exxon to take up to two years to hit stride with Pioneer purchase

Exxon Pioneer deal will take a while to achieve full synergy as the two oil giants begin to combine operations.

FILE PHOTO: Scott Sheffield, CEO of Pioneer Resources, speaks during the IHS CERAWeek 2015 energy conference in Houston, Texas April 21, 2015.  REUTERS/Daniel Kramer/File Photo
AnalysisBusinessEconomyIn-DepthOilPolitics

U.S. oil executive censure puts spotlight on shale-OPEC meetings

A U.S. regulator's censure of a top U.S. oil executive over private meetings with the Organization of the Petroleum Exporting Countries (OPEC) group...

FILE PHOTO: ExxonMobil and Pioneer Natural Resources logos are seen in this illustration taken, October 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessNewsOil

Exxon-Pioneer deal greenlit by US FTC, Pioneer exec barred from board

Pioneer CEO Scott Sheffield prevented from taking a seat on the board of Exxon Mobil by FTC order.

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