Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

HOUSTON - Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset ...

Chevron Corporation (NYSE: CVX) reported earnings of $3.2 billion ($1.84 per share - diluted) for fourth quarter 2024, compared with $2.3 billion ($1.22 per share - diluted) in fourth quarter 2023.

Annual profits fell, but the oil giants made record distributions to shareholders as production rose to historic levels in ...

While Exxon Mobil seems to be in a sweet spot as it prepares to announce its fourth-quarter earnings on Friday, investors ...

China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...

Investing.com -- Exxon Mobil Corporation reported fourth-quarter earnings that exceeded analyst estimates, while revenue fell ...