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John Hess, who has been chief executive officer of Hess since 1995, is expected to take a seat on the Chevron board following the completion of the deal.
Chevron has bought into the future of Guyana's offshore oil and gas industry with a $53 billion deal to acquire Hess Corporation. With Brent crude...
Highlights World class assets and people strengthen long-term outlook Cash flow per share accretion supports higher distributions to shareholders Enhances and extends production and free. . .
Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge