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A critical ruling gave Chevron the go-ahead for a $53 billion acquisition of Hess, access to one of the biggest oil finds of ...
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.
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.
Chevron’s $53 billion acquisition of Hess gives it a major stake in Guyana’s booming Stabroek oil block, reshaping its global oil strategy amid production challenges.
Exxon Mobil Corp. is one of the oil industry’s most litigious companies, always ready to take a rival, a government, a green campaigner or even prospective investors to court. I ...
Chevron Corp. (NYSE: CVX) on Friday closed its $53 billion purchase of Hess Corp., winning a protracted legal fight with ...
Chevron struck the deal to acquire Hess in October 2023. Exxon tried to block the move last year, saying it had a right of first refusal to buy Hess’ Guyana assets because of its joint operating ...
Chevron’s imminent entry into Guyana’s rich offshore oilfields solves one of the biggest problems dogging the U.S. major: where its growth will come from beyond the next few years. On Friday, the U.S.
Chevron and ExxonMobil are now joint venture partners in Guyana's lucrative Stabroek offshore oil block following Chevron's ...
CEO Mike Wirth is overhauling the oil giant’s ‘nice’ corporate culture, getting tougher not just on his employees but also on ...
Exxon Mobil XOM -0.97% and Chevron CVX -0.65% are battling this week over rights to one of the world’s most coveted oil projects, a contest that has chilled the relationship between their senior ...