Sunday, 19 January 2025

Focus on Hess Corporation

FILE PHOTO: The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid/File Photo
BusinessEconomyFuelNewsOilPoliticsRegulationsTrade

U.S. FTC probes Hess, Occidental execs over OPEC communication: report

The U.S. Federal Trade Commission is probing executives from major oil firms over their communications with OPEC officials.

File photo: A miniature of Exxon Mobil's Liza Unity oil platform is displayed at booth during Guyana's Energy Conference & Exposition in Georgetown, Guyana February 19, 2024. REUTERS/Sabrina Valle/File photo
BusinessFinanceFuelNewsOil

Exxon clash with Chevron hinges on change of control of Hess’ Guyana asset, sources say

Exxon Mobil's legal bid to stop Chevron's proposed $53bn acquisition of Hess rests on control of prize subsidiary in Guyana.

FILE PHOTO: Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFuelIn-DepthNewsOilPoliticsRegulations

Chevron and Hess say US FTC merger review expected for third quarter

The signal from the U.S. regulator is another hurdle for Chevron's proposed acquisition of Hess.

FILE PHOTO: Chevron and Hess logos are seen in this illustration taken, October 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
NewsOil

Glass Lewis urges Hess shareholders accept Chevron offer

Hess shareholders should vote in favor of Chevron's $53bn all-stock offer at the oil company's May 28 meeting, proxy adviser Glass Lewis said

Login into your Account

Please login to like, dislike or bookmark this article.