US FTC Allows Chevron-Hess Deal, Bars John Hess From Board
NEW YORK (Reuters) -The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an order that barred Hess CEO John Hess from Chevron's board. The FTC's order leaves Exxon Mobil's challenge to the deal, which is expected to stretch deep into next year, as its final hurdle.
Hess CEO disqualified from Chevron board in merger, FTC Says
The US antitrust regulator will allow Chevron Corp. to proceed with its $53 billion acquisition of Hess Corp. on the condition Chief Executive Officer John Hess is barred from the supermajor’s board, alleging he improperly communicated with OPEC.
Honeywell (NASDAQ:HON) and Chevron (CVX) unveiled a collaboration Tuesday aimed at enhancing refining operations with ...
It’s not a foregone conclusion that the results will benefit corporations, Nhat Nguyen writes in a guest commentary.
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President Biden gave a shoutout to the people of Venezuela last week at the United Nations: “Venezuela, where millions cast ...
We recently compiled a list of the 8 Best Warren Buffett Stocks to Buy According to Analysts. In this article, we are going ...
The decision comes after a ProPublica investigation revealed that the EPA had found that one of the fuels had a cancer risk ...
One of the Supreme Court justices who voted to overturn Chevron deference is characterizing the decision as a rebalancing of ...
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The White House is letting Maduro keep his oil-revenue lifeline.
Chevron Corporation (NYSE: CVX), one of the world’s leading energy companies, will hold its quarterly earnings conference ...
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