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 ...

Chevron completes Hess acquisition after defeating Exxon in dispute over Guyana oil assets

Chevron has prevailed against Exxon Mobil in a dispute over Hess Corporation’s offshore oil assets in the South American ...

Pioneer founder Scott Sheffield no longer wants to join Exxon board after FTC ruling

Longtime shale boss and North Texas energy magnate Scott Sheffield said he’s no longer interested in joining Exxon Mobil Corp ...

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 ...

FTC reverses order barring John Hess from Chevron board

The U.S. Federal Trade Commission on Thursday reversed a previous order that had barred Hess Corp CEO John Hess from the ...

Chevron CEO: This deal creates a premier international oil company

Chevron CEO Mike Wirth unpacks the deal with Hess on 'Maria Bartiromo's Wall Street.' ...