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Chevron seals Hess deal

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.

MarketWatch on MSN · 2d

Chevron prevails over Exxon in Hess megamerger, and it matters for Chevron’s stock

The conclusion of the saga removes a stock overhang for Chevron and paved the way for the $53 billion deal to close immediately.

The Wall Street Journal on MSN · 2d

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.

2don MSN

Chevron finalizes $55B deal for Hess, ending dispute with Exxon over Guyana oil field stake

Chevron struck the deal to acquire Hess in October 2023. Exxon tried to block the move last year, saying it had a right of ...

Zacks Investment Research on MSN4h

Chevron Seals Hess Deal as ExxonMobil's Guyana Challenge Fails

Chevron Corporation CVX has finally completed its big purchase of Hess Corporation, a deal that was held up for almost two years! This happened after an international arbitration panel rejected a ...

Pioneer founder Scott Sheffield no longer wants to join Exxon board after FTC ruling

Longtime shale boss and North Texas energy magnate Scott Sheffield said he’s no longer interested in joining Exxon Mobil Corp ...

3don MSN

FTC Reopens Consent Orders for Proposed Acquisitions from Exxon Mobil, Chevron

The FTC has reopened an order involving Chevron’s proposed acquisition of Hess, and another regarding Exxon Mobil’s proposed ...

3don MSN

FTC reverses order barring John Hess from Chevron board

The U.S. Federal Trade Commission on Thursday reversed a previous order that had barred Hess Corp CEO John Hess from the ...

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