“Chevron to Buy Hess for $53 Billion in Latest Oil Megadeal”
October 23, 2023
“Chevron Corp. agreed to buy Hess Corp. for $53 billion, a deal aimed at boosting production growth as the US oil industry bets on an enduring future for fossil fuels…
The acquisition will give Chevron a significant foothold in Guyana, the South American country that is one of the world’s newest oil producers. It will enable faster production growth and more generous returns to investors, according to the statement…”
https://finance.yahoo.com/news/chevron-buy-hess-53-billion-091052804.html
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