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Chevron gets go ahead for $53B Hess deal, and access to one of the biggest oil finds this decade
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 Corp. CVX-N cut 575 positions in the Houston area after it completed its US$55-billion merger with Hess Corp. HES-N +0.96% , a Texas Workforce Commission filing revealed on Wednesday.
Chevron Corp. announced Friday that it has completed its acquisition of Hess Corp. The combined company has one of the most advantaged and differentiated portfolios in the industry, with leading positions in critical energy markets around the world,