News

CHEVRON has won a high-stakes arbitration battle against ExxonMobil, clearing the way to finalise its US$53 billion acquisition of Hess Corporation ...
President Irfaan Ali yesterday welcomed United States oil major, Chevron Corporation, to Guyana following the company’s win ...
Congress has voted to rescind nearly $1.1 billion in funding for public media — a move that eliminates all federal support ...
Takeover arbitragers, which have included Warren Buffett, are having a favorable 2025 after two disappointing years.
The conclusion of the saga removes a stock overhang for Chevron and paved the way for the $53 billion deal to close ...
Chevron struck the deal to acquire Hess in October 2023. Exxon tried to block the move last year, saying it had a right of ...
The ICC ruled in favor of Chevron’s $53 billion acquisition of Hess, granting it a 30% stake in Guyana's Stabroek Block.
Chevron completed its $53 billion acquisition of Hess after all legal hurdles were cleared, including the company's vast oil ...
Republican Federal Trade Commission members set aside a ban on the executives, saying the FTC failed to plead antitrust law ...
Chevron has a clear way for the major oil company to complete its $53 billion acquisition of Hess Corporation’s offshore ...
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 ...
Jonathan C. Stein, currently chief financial officer of Hess Midstream, has been named chief executive officer, succeeding John B. Hess.