- Motley Fool
Chevron Showcases How Integration Can Pay Big Dividends in the Oil Patch
The integrated energy company delivered solid first-quarter results despite much weaker natural gas prices.
- Bloomberg
Exxon and Chevron Output Booms in World’s Hottest Oil Patches
(Bloomberg) -- If you want to understand why the two largest US oil companies are together spending in excess of $100 billion on acquisitions right now, look no further than the amount of crude they’re extracting from the two hottest oil fields on the planet.Most Read from BloombergApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesBHP’s $39 Billion Copper Play Was Years in the MakingPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingWall Street Humbled as Fast-Rev
- Reuters
UPDATE 1-Hess sets May 28 shareholder vote on Chevron buyout
Hess Corp set May 28 for a special meeting of shareholders to vote on Chevron Corp 's $53 billion buyout offer, the company said in a securities filing on Friday. Chevron last October offered to acquire Hess Corp in a move to gain a foothold in oil-rich Guyana's lucrative offshore fields. The deal has been stalled by a regulatory review and challenged by Exxon Mobil, which has filed an arbitration claim that could block the deal.
