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Hess

  • In the News

    Hess Shareholders Approve $53 Billion Merger with Chevron

    by Victor Adetimilehin May 29, 2024
    by Victor Adetimilehin May 29, 2024

    Hess shareholders overwhelmingly approved the $53 billion merger with Chevron, clearing a key hurdle but leaving regulatory approval and a potential arbitration battle with Exxon Mobil and CNOOC to be …

  • In the News

    Chevron’s $53B Bid for Hess Faces Hurdles from Exxon, Venezuela

    by Victor Adetimilehin March 10, 2024
    by Victor Adetimilehin March 10, 2024

    Chevron Corporation, the second-largest U.S. oil company, has made a bold move to acquire Hess Corporation, a rival oil producer with a stake in the lucrative Guyana offshore oil field. …

  • In the News

    Chevron’s Bid for Hess’s Guyana Oil Stake Challenged by Exxon

    by Victor Adetimilehin March 7, 2024
    by Victor Adetimilehin March 7, 2024

    Exxon claims right to match offer Exxon Mobil Corp has thrown a wrench into Chevron Corp’s plan to buy Hess Corp stake in the Stabroek offshore oil block in Guyana, …

  • In the News

    Exxon’s Bid to Block Chevron-Hess Deal Sparks Oil Drama

    by Victor Adetimilehin February 29, 2024
    by Victor Adetimilehin February 29, 2024

    The oil industry is witnessing a high-stakes drama as Exxon Mobil, the largest U.S. oil producer, tries to spoil Chevron’s acquisition of Hess, a smaller rival with a coveted position …

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Latest Stories

NNPC in Talks with Chinese Petrochemical Giant to Revive...
Tinubu’s Undisclosed Incentives for Shell’s Bonga South-West Project Stir...
Petrol Could Approach N1,000/Litre If Marketers Choose Costly Coastal...

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