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FTC Bars Hess CEO from Chevron Board
FTC Clears Chevron-Hess Merger, But Bans Hess CEO From Joining Board
The FTC cleared Chevron's $53 billion acquisition of Hess but barred CEO John Hess from joining Chevron's board after the merger, citing concerns about his previous communications with OPEC officials.
Chevron-Hess Merger Advances, FTC Blocks John Hess' Board Role
Chevron Corporation CVX and Hess Corporation HES announced that the Federal Trade Commission (“FTC”) had completed its antitrust review of the companies’ proposed merger. This is a significant step toward finalizing the deal.
FTC Release: FTC Order Bans Hess CEO from Chevron Board in Chevron-Hess Deal
The Federal Trade Commission is taking action to resolve antitrust concerns related to Chevron Corporation's acquisition of rival oil producer Hess Corporation by approving a proposed consent order that would prohibit Chevron from appointing Hess CEO John B.
Hess CEO’s OPEC Communication Disqualifies Him From Chevron Board, FTC Says
US regulators will allow Chevron Corp. to move forward with its $53 billion acquisition of Hess Corp. but are barring Chief Executive Officer John Hess from joining the supermajor’s board, saying he improperly communicated with OPEC.
FTC clears Chevron-Hess deal, bans John Hess from board
The FTC on Monday alleged that John Hess encouraged senior officials at OPEC to draw down inventories, which would result in higher oil prices. Hess Corp. and Chevron have agreed that they will not appoint Hess to the board in order to facilitate the completion of the merger.
Hess CEO barred from Chevron board over FTC price collusion allegations
The FTC cited John Hess' participation in public meetings as well as private communications regarding oil supply with officials at OPEC, including OPEC
FTC confirms Chevron-Hess deal approval barring John Hess from board
Chevron (CVX) and Hess (HES) confirm completion of FTC antitrust review for merger, with Hess CEO not joining Chevron board.
1d
Chevron Corporation (CVX): Warren Buffett’s Stock Recommended by Analysts
We recently compiled a list of the 8 Best Warren Buffett Stocks to Buy According to Analysts. In this article, we are going ...
1d
on MSN
Chevron Corporation (CVX): Navigating Energy Volatility with Strong Dividend Payouts
Top 15. In this article, we are going to take a look at where Chevron Corporation (NYSE:CVX) stands in the dividend champions ...
bovnews
1d
Chevron Corp (CVX) Stock: Understanding Its Underlying Value
On Friday, Chevron Corp (CVX) stock saw a modest uptick, ending the day at $145.49 which represents a slight increase of $3.50 or 2.46% from the prior close of $141.99. The stock opened at $142.98 and ...
9h
Chevron, Honeywell Join Forces For AI Breakthrough: Details
Chevron Corporation (NYSE:CVX) announced a strategic collaboration with Honeywell International Inc. (NASDAQ:HON) to develop ...
13d
Chevron Corporation (CVX): Among the Best Stocks to Buy for Passive Income
We recently compiled a list of the 7 Best Stocks to Buy for Passive Income. In this article, we are going to take a look at ...
13h
Honeywell, Chevron To Collaborate On AI-assisted Solutions For Refining Processes
Honeywell International, Inc. (HON) on Tuesday announced a strategic collaboration with Chevron Corp. (CVX) to develop advanced ...
19h
Advisory: Chevron Corporation’s 3Q 2024 Earnings Conference Call and Webcast
Chevron Corporation (NYSE: CVX), one of the world’s leading energy companies, will hold its quarterly earnings conference ...
Insider Monkey on MSN
17d
Chevron Corporation (CVX): A Good Beginner Stock According to Analysts
In this article, we are going to take a look at where
Chevron
Corporation
(NYSE:
CVX
) stands against the other beginner ...
21d
Chevron (CVX) Looking to do A Double Correction
It engages in the exploration, production, and refining of crude oil and natural gas. They operate worldwide, with ...
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