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Chevron announced Friday that it has completed its $53 billion acquisition of Hess after an international commerce body ended a long-running legal battle that had hobbled the deal.
Chevron Corp. says the closing of its $53 billion agreement to buy Hess Corp. will ease uncertainty for other deals in the oil industry.
Hess chief executive John Hess and Pioneer founder and former chief executive Scott Sheffield are no longer barred from holding board or advisory positions at the enlarged Chevron and ExxonMobil ...
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 has prevailed against Exxon Mobil in a dispute over Hess Corp.’s offshore oil assets in the South American nation of Guyana.
HOUSTON (AP) — Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access to one of the biggest oil finds of the decade ...
Chevron completed its $55 billion acquisition of Hess Friday, closing out a contentious legal dispute with Exxon Mobil over offshore oil assets in Guyana that shocked the oil industry.
Chevron Corporation has completed its $53-billion acquisition of Hess Corporation, securing Hess's 30% stake in Guyana's Stabroek offshore oil field after winning an arbitration case against Exxon.
Chevron Corp. won its arbitration battle with Exxon Mobil Corp. and has closed its $53-billion deal to buy Hess Corp. more than 20 months after the takeover was announced.
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.