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Chevron to buy Hess for $53 billion in all-stock deal rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
Chevron announces agreement to acquire Hess energy-pedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-pedia.com Daily Mail and Mail on Sunday newspapers.
Chevron Corp said on Monday it will buy smaller rival Hess Corp in a $53bn all-stock deal, as the oil major looks to increase its footprint in oil-rich Guyana.
Chevron, one of the world's leading oil producers, announced on Monday it entered into an agreement to purchase independent Hess Corp. for $53 billion in an all-stock transaction.
Chevron has announced its plans to acquire Hess in a $53 billion all-stock deal, aiming to expand its presence in the oil-rich region of Guyana. This move will pit Chevron against Exxon Mobil in the shale and Guyana oil basins, two of the world's fastest-growing oil regions. Guyana has emerged as a significant oil producer in recent years, with Exxon Mobil, Hess, and CNOOC collectively producing 400,000 barrels per day.
Chevron to buy Hess Corp for $53 billion invezz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from invezz.com Daily Mail and Mail on Sunday newspapers.
Chevron Corporation (NYSE:CVX) plans to reward shareholders with further buybacks and higher dividends after unveiling the $53 billion acquisition of Hess. ...