Hess Chevron Acquisition Update

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Chevron closes Hess acquisition

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. Chevron CEO Mike Wirth's strategy to turn around his company's lagging performance hinged on the acquisition,

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

· 1d · on MSN

Chevron Closes Megadeal for Hess After Winning Exxon Arbitration

· 21h

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.

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Chevron’s $53bn deal for Hess on track after arbitration ruling

E&E · 1d

Chevron acquires Hess for $53B after legal ruling

Chevron Plus Hess Is A Good Investment

Chevron’s Hess deal boosts Guyana exposure and adds shale growth, while strong cash flow and returns support its outlook. Learn why CVX stock is a buy.

1don MSN

Chevron completes $53B acquisition of Hess

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

1don 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 first refusal to buy Hess’ Guyana assets because of its joint operating agreement with Hess and the China National Offshore Oil Corp., or Cnooc, for the Stabroek Block.

2don MSN

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 nation of Guyana.

Hoodline1d

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.

OilPrice.com12d

Chevron Prepares to Close Hess Acquisition

Chevron is pushing ahead with its $53 billion acquisition of Hess, preparing for integration and layoffs while awaiting an arbitration ruling over Exxon’s claim to Hess’s stake in Guyana’s Stabroek Block.