Chevron buys Hess for $53 billion as oil prices surge – NBC Los Angeles
Chevron is buying Hess for $53 billion and it’s not even the biggest acquisition in the energy sector this month as oil prices surge.
Stay updated with breaking news from John Hess. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Chevron is buying Hess for $53 billion and it’s not even the biggest acquisition in the energy sector this month as oil prices surge.
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
It's the second buyout among major producers this month as oil prices surge.
One of the largest oil companies in the U.S. has reached a deal to acquire a smaller competitor.
Chevron's $53 billion deal for Hess is a sign that Big Oil thinks fossil fuels will be in demand for years to come.