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'Since the beginning of 2019, Chevron has been involved in 10 deals valued at over $500 million'.

John Hess joins the board's compensation, governance, and risk committees.

Hess is buoyed by the results of the drilling operations concluded in the second quarter at the Huron well in Green Canyon Block 69.

The cases seek to block the merger until Hess has rectified certain disclosures on transaction details.

John Hess, who has been chief executive officer of Hess since 1995, is expected to take a seat on the Chevron board following the completion of the deal.

Hess Corp. signaled its $53 billion agreement to be bought by Chevron Corp. may be delayed.

Hess blamed the decrease on lower realized selling prices.

The driving force behind Chevron's strategy to buy Hess is winning its 30 percent stake in a massive oil field off Guyana.

The company was the only energy business on the list this year.

Hess reported $413 million in net income for the fourth quarter of 2023.