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Hess, Chevron and Exxon

The Wall Street Journal on MSN · 10h

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.

Bloomberg on MSN · 23h

Chevron Triumphs Over Exxon, Wins 20-Month Battle to Buy Hess

Chevron Corp. has prevailed in a 20-month fight to buy Hess Corp. for $53 billion, overcoming a challenge by arch rival Exxon Mobil Corp. that was unprecedented in the modern history of Big Oil.

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.

20hon MSN

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 ...

15hon MSN

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 ...

1d

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 ...

2d

Exxon restarts purchases of Mars crude after brief pause over zinc issues, sources say

Oil major Exxon Mobil bought Mars crude for August delivery, two sources said on Wednesday, after briefly halting purchases ...

1don MSN

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 ...

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