It’s been a bumpy ride for energy this year, because of overall soft crude prices and macroeconomic uncertainty. The widely followed Energy Select Sector SPDR exchange-traded fu

Exxon Mobil and Chevron's recent major acquisitions raise a provocative question: does the U.S. still need two energy titans, or might it be more efficient for the two to join forces?

By the end of September, more than 550 Houston-based employees will be without a job following the Chevron merger. Here's how experts say this could impact the industry.

IT staff from both Chevron and Hess worked together to plan the integration. Affected Hess employees were given the option to request severance packages. The layoffs are expected

Chevron cut 575 positions in the Houston area after it completed its $55 billion merger with Hess, a Texas Workforce Commission filing revealed on Wednesday.

Chevron is expected to lay off more than 500 employees in Houston this fall as part of its integration with Hess Corporation, the company confirmed Thursday.

Chevron’s Hess deal boosts Guyana exposure and adds shale growth, while strong cash flow and returns support its outlook. Learn why CVX stock is a buy.

Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.

Chevron leaders told Hess employees to stay focused on safe operations and that they will hear next week if they will continue to have jobs following the oil producer's acquisition, according to two Hess employees who spoke with Reuters.