Chevron Corp. expects to close on a $5 billion deal to acquire Noble Energy, Inc. by the end of this year. In the largest oil and gas deal since the coronavirus pandemic hit in March and the oil price crashed below zero in April, Chevron officials announced Monday the company has entered into a definitive agreement with Noble to acquire …

NEW YORK (AP) — Profits fell at Exxon Mobil and Chevron warned of tough times ahead as the global pandemic began to erode oil demand. Exxon lost $610 million in the first quarter, down 126% from the same time last year, the Irving, Texas oil giant said Friday. Revenue was $56.16 billion, down 12% from the same quarter in 2019. …