Industry & Analysis
News
May 19, 2024
The driving force behind Chevron’s strategy to buy Hess is winning its 30% stake in a massive oil field offshore Guyana, the world’s largest and most profitable crude discovery of the past decade. Exxon owns 45% of the site and is the operator.
News
May 16, 2024
Brazil President Luiz Inacio Lula da Silva will push the new head of Petrobras to speed the pace of investments into refineries and expand its natural gas supplies after ousting the state-run oil company’s chief executive officer, people familiar with his plans said.