Tag: SecondLargest

  • Chevron and Hess Merge to Form Second-Largest U.S. Oil Company

    Chevron has made a significant move in the world of energy with its announcement of a $53 billion stock acquisition of Hess. This strategic maneuver is designed to bolster Chevron’s presence in the U.S. oil landscape and secure a substantial stake in Exxon Mobil’s colossal Guyana discoveries. Notably, this deal follows Exxon’s own substantial acquisition,…