News

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 ...
How One Clause Sparked Exxon-Chevron Feud That Turned Personal
The 20-month feud between the Western Hemisphere’s two most powerful oil companies over the biggest offshore discovery in a generation hinged on a single clause of a contract few people have ever seen ...
Chevron's win vs. Exxon lifts long-term growth prospects but cost time and billions of dollars
Chevron's arbitration victory over Exxon and closing of its $53B acquisition of Hess helps solve one of Chevron's biggest ...
Chevron Buys Into One of World’s Hottest Oil Projects
Chevron completed its purchase of Hess after prevailing in a legal dispute with Exxon over one of the most promising oil ...
FTC reverses bans on two executives joining Chevron, Exxon boards
The U.S. Federal Trade Commission on Thursday reversed bans on the CEOs of takeover targets joining the boards of Chevron and ...
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 ...