ExxonMobil and Chevron Are Greenlighting a $6.8 Billion Project to Fuel More Growth in 2029
Summary
ExxonMobil (XOM 1.70%) and its partners, which now include Chevron (CVX 0.88%), have approved the Hammerhead project off...
ExxonMobil (XOM 1.70%) and its partners, which now include Chevron (CVX 0.88%), have approved the Hammerhead project offshore Guyana. The companies expect to invest $6.8 billion in developing the offshore oil project, which should start producing in 2029.