Guyana, Chevron and Hess
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Good afternoon and happy Friday, readers! We’ve got some good news for those living in the DMV region. Lower dew points and lower levels of humidity are poised to roll in in the coming days – much needed relief for those of us melting the second we step outside.
Chevron completed its $53 billion acquisition of Hess after all legal hurdles were cleared, including the company's vast oil fields off the coast of Guyana.
STORY: Chevron sealed the deal for its $55 billion takeover of Hess on Friday, giving the energy giant access to the largest oil discovery in decades.Chevron completed the acquisition after winning a landmark legal battle against its larger rival Exxon Mobil,
Chevron closed its $55 billion acquisition of Hess on Friday after winning a landmark legal battle against larger rival Exxon Mobil to gain access to the biggest oil discovery in decades - the Stabroek Block off the coast of Guyana,