Reported about 5 hours ago
Chevron Corp. has successfully concluded its arbitration with Exxon Mobil Corp. and finalized the $53 billion acquisition of Hess Corp., marking a significant turn of events in the oil sector. This deal strengthens Chevron's asset quality by integrating Hess's holdings in Guyana, amidst a backdrop of strategic challenges and legal disputes that had previously undermined investor confidence in Chevron's stock performance.
Source: YAHOO