Chevron Moves Forward with Hess Acquisition Amid Oil Industry Shifts

Reported 1 day ago

Chevron has received approval for its $53 billion acquisition of Hess after an arbitration panel dismissed ExxonMobil's claims against the deal. In related news, BP is selling its US onshore wind business to LLS Power, indicating a shift back to oil and gas. Meanwhile, shares of Coinbase and Robinhood are rising on the news of President Trump's upcoming signing of the GENIUS Act, which will regulate stablecoins and is contributing to a surge in crypto trading.

Source: YAHOO

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