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Weaker crude prices and refining margins are likely forcing four of the five supermajor oil companies to borrow money to fund $15 billion in share buybacks for the most recent quarter.

Chevron Corp. agreed to sell its stakes in some oil sands and shale assets to Canadian Natural Resources Ltd. for $6.5 billion.

Chevron Corp. is relocating headquarters to Houston from California after repeatedly warning that the Golden State’s regulatory regime was making it a tough place to do business.

Shares of Chevron Corp. and Hess Corp. plunged after announcing an arbitration hearing with Exxon Mobil Corp. related to their $53 billion merger will be delayed until at least mid-2025.

A growing number of energy and agriculture firms have been boosting spending in an effort to plant and crush more canola, an oilseed that could play a big role in the renewable fuel markets.

The FTC plans to delay its decision whether to block Chevron.’s $53 billion takeover of Hess until after an arbitration case with Exxon Mobil is settled, Bloomberg reports.

Hess Corp. shareholders approved Chevron Corp.’s $53 billion takeover despite reservations among several prominent investors about a dispute with Exxon Mobil Corp. over a key asset.

John Hess is talking to directly with shareholders in a last-ditch effort to ensure enough support for a $53 billion takeover by Chevron Corp., according to people familiar with the matter.

Chevron Corp.’s $53 billion deal to acquire Hess Corp. suffered a blow May 13 when a leading shareholder adviser urged investors to abstain from voting for the deal.

Exxon Mobil and Chevron declined after disappointing first-quarter performances despite posting strong production gains in marquee oil projects in Guyana and the Permian Basin.