Chevron to buy Hess for US$53b in stock in latest oil mega merger

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

HOUSTON: Chevron has agreed to buy Hess for US$53 billion (RM253.7 billion) in stock to gain a bigger US oil footprint and a stake in rival ExxonMobil...

Hess and Wirth appearing on CNBC to speak about Chevron’s deal to buy Hess Corp for US$53 billion all-stock deal, on the floor of the New York Stock Exchange on Monday. – Reuterspic

“This is great for energy security: It brings together two great American companies,” said Chevron CEO Michael Wirth, who has bulked up the company’s shale oil and gas holdings by acquiring US rivals PDC Energy and Noble Energy. The deal gives Chevron a 30% stake in the Exxon and CNOOC Stabroek oil block in Guyana, which is expected to triple to more than 1.2 million bpd by 2027.

CEO John Hess said the government of Guyana and Exxon would welcome Chevron’s entry into the country's oil fields.“We eventually talked about each other’s companies and the strategic fit,” Hess said. The deal follows Exxon’s rapid-fire deals since July for top US shale producer Pioneer and Denbury. Those US$64 billion combined transactions put Exxon atop US shale and cemented the firm’s nascent carbon storage business.

Once the it closes around the first half of 2024, the Hess CEO will join Chevron's board of directors.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 25. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Chevron agrees to US$53 billion Hess purchase in latest oil mega-mergerThe deal will leave European rivals focusing on renewable energy further behind in fossil fuels.
출처: fmtoday - 🏆 5. / 72 더 많은 것을 읽으십시오 »

Chevron agrees to US$53 billion Hess purchase in latest oil mega-mergerThe deal will leave European rivals focusing on renewable energy further behind in fossil fuels.
출처: fmtoday - 🏆 5. / 72 더 많은 것을 읽으십시오 »

Anthony Loke: Bill for proposed merger between Mavcom-Civil Aviation Authority of Malaysia to be tabled next yearKUALA LUMPUR, Oct 23 — The Ministry of Transport (MOT) is expected to table a bill on the proposed merger between the Malaysian Aviation Commission (Mavcom) and the Civil...
출처: malaymail - 🏆 1. / 86 더 많은 것을 읽으십시오 »