The deal makes Chevron a partner with Exxon , opens new tab in Guyana's booming oilfields, which are expected to generate 1.2 million barrels of oil per day by 2027.

Chevron completed its $53 billion acquisition of Hess after all legal hurdles were cleared, including the company's vast oil ...

Hess' stake in the Guyana oilfields could help fill the gap in Chevron's reverses, but the $53B acquisition - first announced in late 2023 - has been held up in court by Exxon Mobil, the leader of ...

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 conclusion of the saga removes a stock overhang for Chevron and paves the way for the $53 billion deal to close ...

Exxon Mobil Corp. is one of the oil industry’s most litigious companies, always ready to take a rival, a government, a green ...

Chevron’s imminent entry into Guyana’s rich offshore oilfields solves one of the biggest problems dogging the U.S. major: ...

The company will offer $171 for every Hess share, according to Reuters. “This combination positions Chevron to strengthen our long-term performance and further enhance our advantaged portfolio ...

The company will offer $171 for every Hess share, according to Reuters. “This combination positions Chevron to strengthen our long-term performance and further enhance our advantaged portfolio ...