Chevron Hess Acquisition Update - Search News

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Chevron Closes Hess Deal

Chevron closes Hess acquisition after winning Exxon legal battle

Chevron closed its $55 billion acquisition of Hess on Friday after winning a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.

The Wall Street Journal on MSN · 14h

Chevron Closes Megadeal for Hess After Winning Exxon Arbitration

Arbitrators cleared the way for the long-delayed $53 billion acquisition after Exxon tried to pre-empt the deal.

Chevron’s megadeal for Hess gets approval after winning legal battle with Exxon

Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.

Chevron Clinches $53 Billion Hess Acquisition, Secures Stronghold in Oil-Rich Guyana Following ICC Ruling

The ICC ruled in favor of Chevron’s $53 billion acquisition of Hess, granting it a 30% stake in Guyana's Stabroek Block.

2d

FTC Nixes Orders Banning Hess, Sheffield from Chevron, Exxon Boards

The FTC voted 3-0 to set aside orders barring oil veterans John Hess and Scott Sheffield from serving on the Chevron and Exxon boards, respectively.

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