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

The Federal Trade Commission said the oil giant can acquire the smaller company as long as the chief executive of Hess does ...

The agency accuses John Hess of improper talks with OPEC and will block him from joining the board of Chevron, which is ...

The firm's price reduction will be 4% on gasoline and 5% on diesel, but the impact on pump prices will be limited to ...

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

Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and uncertainty over ...

Chevron (CVX) and Hess (HES) confirm completion of FTC antitrust review for merger, with Hess CEO not joining Chevron board.

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

The average price of regular gasoline in Rhode Island has hit a three-year low, dipping below $3 per gallon at a statewide ...

Libya’s eastern-based parliament approved a new central bank governor, ending a standoff over control of the OPEC member’s ...

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.

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