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Tag: Hess

Chevron preps quick closing of Hess deal and awaits result of Exxon dispute
  • World News

Chevron preps quick closing of Hess deal and awaits result of Exxon dispute

Cs news3 months ago06 mins

By Sheila Dang HOUSTON (Reuters) -Chevron is laying the groundwork to swiftly close its planned acquisition of smaller oil producer Hess, according to two sources and an industry analyst, including by preparing a severance program for some Hess workers. The preparations come as both companies await a decision in a legal challenge from larger rival…

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Exxon wants to extract its value from Hess Guyana assets, CEO says
  • World News

Exxon wants to extract its value from Hess Guyana assets, CEO says

Cs news10 months ago04 mins

HOUSTON (Reuters) – Exxon Mobil want to “participate” in Hess Corp.’s sale of its Guyana oil production assets, and extract value from the work it has put into developing the country’s offshore fields, two of its top executives said on Wednesday. A three-person panel in May is to decide whether Hess’s deal to sell itself…

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