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Chevron completes $53 billion acquisition of Hess Corp. after legal battle.

Jul 19, 2025•11 months ago

Contract Type

contract

HoustonManufacturingEnergySustainabilityOil And GasNatural ResourcesSoftwareRenewable Energy

Description

Chevron Corp. has successfully acquired Hess Corp. for $53 billion following a 20-month legal battle against Exxon Mobil Corp. The arbitration ruling enables Chevron to enhance its oil assets significantly while putting an end to uncertainties affecting its stock performance.

Company Information

Company

Chevron Corporation

Location

Houston, Texas, United States

About

Chevron Corporation is a multinational energy corporation headquartered in the United States. It is one of the world's largest integrated energy companies and involved in every aspect of the energy industry, including exploration and production, refining, marketing and transportation, chemicals manufacturing and sales, and power generation.

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