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Dr. John Hess sees service as a way of life | UW Magazine — University of Washington Magazine - Vimarsana News

Dr. John Hess sees service as a way of life | UW Magazine — University of Washington Magazine

Stories about alumni, students, staff, faculty and friends

Tribune editorial: North Dakota a step closer to carbon neutrality - Vimarsana News

Tribune editorial: North Dakota a step closer to carbon neutrality

This is Up and Down, where we give a brief thumbs up or thumbs down on the issues from the past week.

Chevron to buy Hess Corp for $53 billion in all-stock deal - Vimarsana News

Chevron to buy Hess Corp for $53 billion in all-stock deal

LONDON (Reuters) -Chevron Corp said on Monday it would buy smaller rival Hess Corp in a $53 billion all-stock deal, taking its rivalry with Exxon Mobil to the next level by boosting its presence in U.S. shale and oil-rich Guyana. Given that Exxon Mobil had effectively taken itself out of the running for large-scale M&A following the recent Pioneer deal, we would have thought Chevron could bide its time, and hence we are a little surprised at the timing of this deal. It does address the concerns with Chevron's portfolio - namely over concentration in the Permian and lack of depth in...

Source: yahoo.com
Unknown family-owned firms remain monarchs of US oil patch - Vimarsana News

Unknown family-owned firms remain monarchs of US oil patch

IF you grew up watching the 1980s’ soap opera Dallas (like me), you would have been engrossed by the depictions of seemingly hard-driving family-owned dynasties built on black gold.

Chevron-Hess Deal on Track Despite Chevron Stock Drop - Vimarsana News

Chevron-Hess Deal on Track Despite Chevron Stock Drop

Chevron CEO John Hess is publicly enthusiastic about the deal, and it would be tough for another bidder to emerge given Hess’s size.