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News

Chevron acquires Hess for $53B

Associated Press News on MSN · 4d
Chevron gets go ahead for $53B Hess deal, and access to one of the biggest oil finds this decade
Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access to one of the biggest oil finds of the decade. Chevron said Friday that it completed its acquisition of Hess shortly after the ruling from the International Chamber of Commerce in Paris.
ABC News · 4d
Critical ruling gives Chevron the go-ahead for $53B Hess deal
Critical ruling gives Chevron the go-ahead for $53B Hess deal, and access to one of the biggest oil finds of the decade
UPI on MSN · 3d
Chevron completes $53B acquisition of Hess
Chevron completed its $53 billion acquisition of Hess after all legal hurdles were cleared, including the company's vast oil fields off the coast of Guyana.
Cryptopolitan on MSN1d

Secret contract clause ignited a 20-month war between two global oil giants

A single line buried in an old contract kicked off a 20-month battle between ExxonMobil and Chevron over the biggest offshore oil discovery in years.
The Business Journals1y

Chevron to acquire Hess in $53B deal - Dallas Business Journal

Chevron Corp. (NYSE: CVX) has agreed to acquire New York-based Hess Corp. (NYSE: HES) in an all-stock transaction valued at $53 billion. Including debt, the transaction totals about $60 billion.

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