Analyst Questions 'What Could Hess Be Worth?' As Chevron Advances In Acquisition Efforts
Hess Corporation (NYSE:HES) and Chevron Corporation (NYSE:CVX) shares are trading higher on Tuesday. On Monday, the Federal ...
The FTC Is Delaying Big-Oil Mergers. It’s Not Stopping Deals From Closing.
The regulatory scrutiny has delayed several deals for months. But experts said the delays aren’t having a noticeable impact ...
Chevron, Honeywell Join Forces For AI Breakthrough: Details
Chevron Corporation and Honeywell International Inc. partner to develop advanced AI-assisted solutions for refining processes and industrial automation, enhancing decision-making and safety.
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Gas Price Fixing Scandal Grows as Another US Oil Exec ‘Caught Colluding With OPEC’
We cannot allow fossil fuel companies to gouge the American public in concert with OPEC while raking in record profits,” said one watchdog, calling for congressional hearings. Consumer advocates ...
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Evidence CEOs tried to illegally boost oil prices grows as FTC bars Hess from Chevron’s board
Hess Corp. CEO John Hess won’t be joining Chevron’s 12-person board of directors, even assuming the companies close their $53 billion deal, currently mired in arbitration, under a Federal Trade ...
SoftBank’s Masa Son Nears His Next Big A.I. Bet: OpenAI
SoftBank weighs its next big A.I. bet SoftBank’s outspoken founder and C.E.O., Masa Son, has long talked about wanting to ...
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FTC clears Chevron’s $53bn merger with Hess
As a condition of the approval, the Federal Trade Commission (FTC) has stipulated that Hess CEO John B Hess will not join ...
FTC Bans Exec From Chevron Board—Exercising Authority It Doesn't Have, GOP Dissenters Say
"For the second time in five months, the majority has used its leverage in the HSR process to extract a consent from merging ...
This hedge-fund manager says it's a 'max-long' moment for stocks
Investor says cocktail of China and Fed easing should lift stocks Famed hedge-fund manager David Tepper made waves last week by not just saying how much he liked assets tied to China - "everything," ...
Rigzone7h
Hess Denies Oil Price Maneuvers by CEO
Hess admitted its CEO had indeed engaged with OPEC officials but that the interactions concerned ensuring an 'orderly energy ...
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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 ...