Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors affecting these markets.

It’s a big win for Chevron. Buying Hess without the Guyana project would have wiped out the biggest upside from the deal.

Headwater aims for 26,000 boe/d by 2027, offers a 6.35% dividend yield in 2024, boasts low debt levels, and a strong 47.58% EBIT margin.

Exxon Mobil has lost its arbitration challenge to block Chevron's $55 billion Hess acquisition deal, but the top U.S. oil producer managed to delay the tie-up by over a year, costing its rival billions in lost Guyana oil revenue and slowing integration.

Oil prices have slumped all year, and the industry has been hesitant to get onboard with "drill baby drill." One exec see prices nearing a dangerous level.

Iraq approved a plan for its semi-autonomous Kurdish region to transfer oil to Baghdad, a step toward resuming exports that have been halted for more than two years.

Greek olive oil producer Konstantinos Papadopoulos wasted little time when the threat of U.S. tariffs was floated by President Donald Trump in the spring. He immediately started looking for alternative buyers around the world.

Plaintiffs claim oil and gas companies nnew years ago that carbon emissions would lead to climate-related disasters.