Continental Resources has dropped a lawsuit against rival Hess, which alleged it was defrauded out of up to $69 million through a series of deals the well operator conducted with its subsidiaries.
Read More US oil producer Continental Resources drops fraud lawsuit against rival Hess
Chevron closed its $55 billion acquisition of Hess after winning a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.
Read More Chevron closes Hess acquisition after winning Exxon legal battle
President Donald Trump has announced all countries that purchase oil or gas from Venezuela will be subject to a 25% tariff on all trade with the United States.
Read More Trump Threatens 25% Tariff On Countries Buying Oil Or Gas From Venezuela
The Trump administration announced on Tuesday that Chevron has been given 30 days to stop oil production in Venezuela, since Socialist President Nicolas Maduro has not made anymore progress on electoral reforms and migrant returns.
Read More Chevron Given 30 Days To Halt Venezuelan Oil Production, As Trump Responds To Maduro’s Inaction On Migrant Returns And Reforms
Donald Trump’s election victory was welcomed happily by Wall Street, with all three major benchmarks hitting record highs on Wednesday.
Read More Wall Street Soars To New Records Following Donald Trump’s Historic Election Victory
Oil titan Chevron announced on Friday that they are moving its headquarters from San Ramon, California to Houston, Texas.
Read More Chevron Moving Headquarters From California To Texas