Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access ...

Chevron CEO Mike Wirth thinks that the approval of the $53 billion deal with Hess Corp. will reduce the uncertainty prevailing in the oil industry. Chevron’s shares were down 1.2% at the time of ...

Critical ruling gives Chevron the go-ahead for $53B Hess deal, and access to one of the biggest oil finds of the decade ...

After nearly two years of legal limbo and uncertainty, Chevron (NYSE:CVX) has officially sealed its $53 billion acquisition of Hess Corp.and merger arbitrageurs are walking away with a big win. Top ...

NEW YORK — Chevron Corp.'s acquisition of Hess Corp. for $53 billion will move forward after receiving the necessary approval of Hess stockholders to close the deal.

Chevron $53B Hess deal beat Exxon in secretive arbitration over Guyana oil. But key legal details remain undisclosed.

Chevron is paying for Hess with stock. Hess shareholders will receive 1.0250 shares of Chevron for each Hess share. Including debt, Chevron valued the deal at $60 billion.

“I’m sounding the alarm against yet another proposed Big Oil merger—a $53B deal between Chevron and Hess,” Schumer wrote on X in mid-May. “It would give Big Oil more fuel to raise gas ...

In the summer of 2020, Chevron announced that it was buying Noble Energy for $5 billion. Chevron made the deal when crude prices were down more than 30% in the midst of the coronavirus pandemic.

Chevron (NYSE:CVX) is flexing its energy muscles, setting the stage for a massive cash flow boost of $6 to $8 billion by 2024 while trimming billions off its expenses. CEO Michael Wirth is betting ...