The US antitrust regulator will allow Chevron Corp. to proceed with its $53 billion acquisition of Hess Corp. on the ...

The Federal Trade Commission is giving the go-ahead to the $53 billion Chevron-Hess merger, on one condition: CEO John Hess ...

Federal regulators are alleging a major oil company CEO conspired with foreign governments to keep oil and gas prices high.

Oil rose, rebounding from a sharp drop last week, as Israel stepped up its air assaults against Hezbollah and gave signals that a ground operation into Lebanon may be coming.

To facilitate completion of the merger, Hess and Chevron have agreed that Hess chief executive officer John Hess will not be appointed to the Chevron board of directors.

US regulators will allow Chevron Corp. to move forward with its $53 billion acquisition of Hess Corp. but are barring Chief ...

Chevron’s proposed $53 billion merger with Hess has been cleared by the US Federal Trade Commission (FTC), though the ...

This past month’s movements in oil prices seemed rather severe. Only a few weeks ago, some were talking about Brent oil ...

Equatorial Guinea vs. Gabon Court Battle Looms: OPEC Neighbors Clash Over Disputed Islands Colonial Legacy Haunts West Africa ...

Prices for U.S. and global oil were also on track to post a third monthly decline in a row, despite risks to global crude supplies in the oil-rich Middle East after a strike by Israel on Beirut killed ...

Equatorial Guinea, OPEC’s smallest producer, plans to boost oil and gas output following the exit of Exxon Mobil Corp. from the Central African nation earlier this year, according to its oil minister.

OPEC’s oil decisions continue to impact U.S. markets due to their production power and vast reserves. Learn why this matters.