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Hess, Chevron
F.T.C. Clears Chevron’s Purchase of Hess With Board Condition
The Federal Trade Commission said the oil giant can acquire the smaller company as long as the chief executive of Hess does not join its board.
Second oil company CEO conspired with OPEC to keep prices high, FTC charges
On Monday, the Federal Trade Commission (FTC) filed a complaint against
John
B
.
Hess
, CEO of
Hess
Corporation, accusing him of secretly communicating with the Organization of Petroleum Exporting Countries (OPEC).
Hess
’s company had sought a $53 billion ...
Hess CEO’s OPEC Communication Disqualifies Him From Chevron Board, FTC Says
US regulators will allow Chevron Corp. to move forward with its $53 billion acquisition of Hess Corp. but are barring Chief Executive Officer John Hess from joining the supermajor’s board, saying he improperly communicated with OPEC.
13h
FTC Warns of Oil-Patch Collusion. Energy Executives See Political Smear.
The agency accuses John Hess of improper talks with OPEC and will block him from joining the board of Chevron, which is ...
15h
FTC Clears Chevron's $53B Hess Merger, Sets Restriction For John Hess
Chevron and Hess merger clears FTC antitrust review, but Hess CEO John Hess will not join Chevron board. Chevron CEO ...
TipRanks on MSN
3d
M&A News: Chevron’s (CVX) $53B Hess Merger Nears FTC Approval
Chevron Corp. ($CVX) is on the brink of obtaining regulatory clearance for its $53 billion acquisition of Hess Corp. ($HES) ...
12h
Hess upgraded at Wolfe on potential merger outcomes, Guyana resource boost
Wolfe Research raises Hess to Outperform, citing potential merger outcomes and Guyana resource visibility boost.
3d
on MSN
John Hess Blocked From Joining Chevron Board As Part Of FTC Deal For Antitrust Approval Of $53B Chevron-Hess Merger: Report
CEO John Hess from joining the board of Chevron Corp. (NYSE:CVX) as part of a $53-billion merger deal. What Happened: Chevron ...
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