Newsroom — Chevron
WEBAug 26, 2024 · Stay informed with our latest news, articles, stories, and reports.
Chevron-Hess merger clears FTC antitrust review
WEB3 days ago · San Ramon, California, September 30, 2024 — Chevron Corporation (NYSE: CVX) today announced the Federal Trade Commission (FTC) completed antitrust review of the company’s merger with Hess Corporation (NYSE: HES), satisfying a key closing condition for the transaction. “This is an important step toward completing the merger, which will benefit our shareholders, the industry, and the ...
Chevron Announces Headquarters Relocation and Senior …
WEBAug 2, 2024 · Chevron Chairman and CEO, Mike Wirth, and Vice Chairman, Mark Nelson, will move to Houston before the end of 2024 to co-locate with other senior leaders and enable better collaboration and engagement with executives, employees, and business partners. There will be minimal immediate relocation impacts to other employees currently based in San Ramon.
Chevron, the oil giant born in California, is moving to Texas - Los ...
WEBAug 2, 2024 · With the announcement Friday that it was moving its headquarters from California to Texas, Chevron Corp. became perhaps one of the last dinosaurs to slip into the tar pit, a symbol of...
Chevron Focuses on Direct Gas Sales Instead of LNG Plant …
WEBSep 23, 2024 · Chevron Corporation CVX has taken a decisive step in its energy strategy by choosing not to invest in a U.S. liquefied natural gas (LNG) plant. Instead, the company is shifting its focus toward ...
Chevron to Acquire Hess for $53 Billion in Latest Major Oil Deal
WEBOct 23, 2023 · In the second energy megadeal this month, Chevron, the second-largest U.S. oil giant, said Monday that it had agreed to acquire Hess, a medium-size rival, in an all-stock deal valued at $53...
Hess shareholders sign off on $53 billion sale to Chevron
WEBMay 28, 2024 · Hess shareholders on Tuesday approved the proposed $53 billion merger with Chevron that paves the way for the No. 2 U.S. oil company to gain a prize asset and a foothold in rival Exxon Mobil's ...
FTC confirms Chevron-Hess deal approval barring John Hess from …
WEB2 days ago · Chevron (NYSE:CVX) and Hess said Monday the Federal Trade Commission completed an antitrust review of their proposed merger, and the companies confirmed that Hess CEO John Hess will not be ...
Chevron (CVX) Q3 profit of $11.2 billion soars past estimates
WEBOct 28, 2022 · Chevron on Friday reported its second-highest quarterly profit ever, driven by soaring global demand for its oil and gas and rising production from its U.S. oilfields. Chevron posted a...
FTC Clears Chevron-Hess Merger, But Bans Hess CEO From …
WEB2 days ago · 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.