Chevron’s $53-billion Hess deal greenlit after Exxon’s legal challenge fails | Unpublished
Hello!
Source Feed: The Globe and Mail
Author: Michelle Chapman
Publication Date: July 18, 2025 - 12:20

Chevron’s $53-billion Hess deal greenlit after Exxon’s legal challenge fails

July 18, 2025

Chevron CVX-N has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess HES-N and access to one of the biggest oil finds of the decade.

Chevron said Friday that it completed its acquisition of Hess shortly after the ruling from the International Chamber of Commerce in Paris. Exxon XOM-N had challenged Chevron’s bid for Hess, one of three companies with access to the massive Stabroek Block oil field off the coast of Guyana.



Unpublished Newswire

 
Waterloo police say officers were dispatched to a collision on Franklin Boulevard near Mill Creek Road in Cambridge Thursday and found a fleet of tow trucks waiting for them.
July 25, 2025 - 10:51 | Kevin Nielsen | Global News - Ottawa
The Ontario Provincial Police say a three-year-old child has died after drowning at a popular beach in Prince Edward County. It's the latest drowning to impact the province.
July 25, 2025 - 10:41 | Gabby Rodrigues | Global News - Ottawa
The Ontario Provincial Police say a three-year-old child has died after drowning at a popular beach in Prince Edward County. It's the latest drowning to impact the province.
July 25, 2025 - 10:41 | Gabby Rodrigues | Global News - Canada