Hess Corp News Today

News from the Oil Patch, June 10John P. TretbarFour states now boast

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The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

(Reuters) Chevron shareholders on Wednesday voted to re-elect all 12 sitting directors to its board, in a sign of support for the oil major.

(Bloomberg) -- Stocks and bonds in Asia traded lower Wednesday as traders assessed the impact of the jump in US Treasury yields overnight and comments from a Federal Reserve speaker led to receding bets for Fed rate cuts.Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up T...

Hess Corp. shareholders voted to approve a proposed $53 billion buyout by Chevron Corp., the company said late Tuesday.

SAN RAMON (dpa-AFX) - Hess Corp. (HES) said that it has received approval from its stockholders for the proposed merger with Chevron Corporation.Completion of the merger remains subject to other

(Bloomberg) -- ConocoPhillips agreed to acquire Marathon Oil Corp. in an all-stock deal valuing the company at about $17 billion, extending a major buying spree among the largest players in the US oil and gas industry.Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarNew BYD Hybrid Can Drive Non-Stop for More Than 2,000 Kilometers‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge ...

With $250 billion worth of oil and gas M&A deals already inked in 2023, yet another one follows a likely industry-wide defensive pattern of consolidation and not growth.