Exxon expects its Permian production to reach 2 million boed by 2027. Meanwhile, Chevron's U.S. production is currently around 1.8 million boed when including Hess and PDC.

Chevron announced Friday that it has completed its $53 billion acquisition of Hess after an international commerce body ended a long-running legal battle that had hobbled the deal. The ...

Chevron announced its plans to acquire Hess for some $53 billion in late 2023. Yet the megadeal ran into an obstacle when Exxon said it had right of first refusal to Hess’s stake in the Stabroek ...