News

Forced frenemies, Exxon and Chevron take diverging paths as leaders of the booming Permian
The top Big Oil giants in the Western Hemisphere, Exxon Mobil and Chevron also are the top producers in the booming Permian ...
Hess is now owned by Chevron, but Hess toy trucks will remain owned by the Hess family
Hess and the toy trucks have been linked together for decades—and they’re popular enough that when the merger was Chevron was ...
Oil & Gas Journal5h
As Chevron’s Permian production tops 1 million boe/d, executives shift focus to cash flow
Leaders also are sticking to Hess’ capex and production pace and expect to generate merger savings more quickly than ...
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 ...
Chevron Overcomes ExxonMobil to Acquire Hess. Which High-Yield Energy Stock Is the Better Buy Now?
ExxonMobil and Chevron have become much stronger and balanced companies over the years. The former's corporate plan through ...
Chevron’s megadeal for Hess gets approval after winning legal battle with Exxon
Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger ...
Upstream Online11h
Chevron output and Hess merger help outshine expectations
Chief executive Mike Wirth applauds company's 'continued strong execution, record production, and exceptional cash generation ...
Chevron cuts 575 jobs in Houston after closing Hess acquisition, filing reveals
Chevron cut 575 positions in the Houston area after it completed its $55 billion merger with Hess, a Texas Workforce ...
Rigzone1d
John Hess Joins Chevron Board
Chevron appointed John Hess as a director, after U.S. regulators withdrew a ban on the former Hess chief executive.
Chevron, Hess complete $53B merger after arbitration win
A critical ruling gave Chevron the go-ahead for a $53 billion acquisition of Hess, access to one of the biggest oil finds of ...
Chevron prevails over Exxon in Hess megamerger, and it matters for Chevron’s stock
The conclusion of the saga removes a stock overhang for Chevron and paved the way for the $53 billion deal to close ...
Chevron Beats Wall Street Profit Estimates With Record Output
"Following the clouds of uncertainty being lifted around the Hess deal, Chevron has hit the ground running with a strong set of results and beat versus market expectations," said Biraj Borkhataria, an ...