The Latest Breaking News from Chevron

Deal-related trading accounted for some movement in today's stock market as major indexes pared losses and Treasury yields scaled back.

Chevron is buying Hess Corp. for $53 billion, marking further consolidation in the oil industry.

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.29% at a 4-3/4 month low, and the Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.30% at 4-1/2 month low. Stock index futures this morning are following other global equity markets lower after the 10-year T-note yield...

It is the latest move by an U.S. oil major to solidify its hold on the oil sector using booming profit to buy up competition.

Mike Wirth, an industry veteran, even described Chevron as “grounded in integrity and a deep belief in doing the right thing” before brushing off Big Oil critics and making a “real-world” case for fossil fuels.

Stocks slide, Chevron mega-deal, Apple, 2-year auction, Roivant drug sale

Chevron is buying Hess Corp. for $53 billion as the biggest U.S. oil companies use a recent windfall in profits to buy up smaller competitors

In the second major oil mega-deal in less than a month, Chevron said Monday it will pay $53 billion for Hess Corporation.

“I grew up in the PlayStation era – even to this day I play Gran Turismo. The Nissan Skyline was always my dream car, and it’s the favourite of those that I’ve driven.”

“I grew up in the PlayStation era – even to this day I play Gran Turismo. The Nissan Skyline was always my dream car, and it’s the favourite of those that I’ve driven.”

The Checks and Balances Letter delivers news and information from Ballotpedia’s Administrative State Project, including pivotal actions at the federal and state levels related to the separation of powers, due process, and the rule of law.