Search results
Results from the WOW.Com Content Network
Hess Corp CEO John Hess has until Tuesday to quell a rebellion by shareholders over his handling of what could turn out to be one of the largest mergers in oil industry history: a proposed $53 ...
Chevron warned Monday that its pending $53 billion acquisition of Hess may be in jeopardy because it will require the approval of Exxon Mobil and a Chinese national oil company, which both hold ...
The Federal Trade Commission is investigating Chevron's acquisition of Hess oil company, the second inquiry the independent agency has opened this week of a major oil industry merger. Chevron and ...
Hess and Chevron shares gained on the results. Hess was up a fraction at $151.25 and Chevron rose $1.13 to $158.55, both in afternoon New York trading. ... this acquisition could counterbalance ...
Hess Oil and Chemical was founded in 1933 by Leon Hess as an operation out of Asbury Park, New Jersey that sold refining leftovers to hotels as heating fuel. [4] [9] In 1938, he purchased land in Perth Amboy for his first oil storage terminal and in 1958 opened the company's first refinery, located in Port Reading. [11]
For the second time this month, the oil and gas industry has witnessed a major merger between two leading companies -- this one involving Chevron's proposed buyout of Hess for $53 billion. That ...
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. Crude ...
The Hess acquisition will give Chevron 30% ownership of more than 11 billion barrels-equivalent of recoverable resources in Guyana. The small country located in South America next to Venezuela is ...