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News

Chevron acquires Hess for $53B

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 · 3d · on MSN
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.

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 · 3d
Critical ruling gives Chevron the go-ahead for $53B Hess deal
 · 3d · on MSN
Chevron completes $53B acquisition of Hess
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.
3d

Exxon's Block Fails—Chevron Seals $53 Billion Hess Deal After Ruling

Chevron can proceed with its $53 billion Hess acquisition after winning an ICC ruling and receiving FTC approval for board ...

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