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News

Chevron Closes Hess Deal

The Wall Street Journal on MSN · 21h
Chevron Closes Megadeal for Hess After Winning Exxon Arbitration
Arbitrators cleared the way for the long-delayed $53 billion acquisition after Exxon tried to pre-empt the deal.
CNN · 1d
Chevron’s megadeal for Hess gets approval after winning legal battle with Exxon
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.
Reuters · 1d
Chevron closes Hess acquisition after winning Exxon legal battle
Chevron closed its $55 billion acquisition of Hess on Friday after winning a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.
Hoodline
1d
Chevron Clinches $53 Billion Hess Acquisition, Secures Stronghold in Oil-Rich Guyana Following ICC Ruling
The ICC ruled in favor of Chevron’s $53 billion acquisition of Hess, granting it a 30% stake in Guyana's Stabroek Block.
2d
FTC Nixes Orders Banning Hess, Sheffield from Chevron, Exxon Boards
The FTC voted 3-0 to set aside orders barring oil veterans John Hess and Scott Sheffield from serving on the Chevron and Exxon boards, respectively.

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