Chevron Closes Hess Deal
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A ruling from the International Chamber of Commerce has cleared Chevron's $53 billion acquisition of Hess, ending one of the biggest battles between two majors in decades.
Creates premier integrated oil & gas company • Combines world-class assets, people and capabilities • Drives industry-leading free cash flow growth and shareholder returns HOUSTON--(BUSINESS
Shares in oil giant Chevron ($CVX) climbed higher today after it won a battle with rival Exxon Mobil ($XOM) over lucrative oil discoveries in
Block (XYZ) shares surged close to 10% in extended trading Friday after S&P Dow Jones Indices said the digital payments provider will be replacing Hess (HES) in the S&P 500 Index. The change will take effect prior to the start of trading next Wednesday,
Exxon Mobil Corporation dispute, Guyana's oil profits, and Chevron's 2026 cash flow outlook. Click for my CVX update.
Chevron (CVX) gets the green light to move forward with its $53 billion acquisition of Hess (HES), after an arbitration panel rejected ExxonMobil's (XOM) claim in a dispute over assets in Guyana. BP (BP) is offloading its US onshore wind business to LLS Power,
The Federal Trade Commission on Thursday set aside orders barring Hess (NYSE:HES) CEO John Hess from joining Chevron's (CVX) board and former Pioneer Natural Resources CEO Scott Sheffield from joining Exxon Mobil's (XOM) board (I,