Chevron to acquire Hess Corp for $53 billion in second big oil merger in a month

Nederland Nieuws Nieuws

Chevron to acquire Hess Corp for $53 billion in second big oil merger in a month
Nederland Laatste Nieuws,Nederland Headlines

The acquisition follows Exxon Mobil's acquisition of Pioneer Natural Resources just weeks ago.

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Oil giant Chevron has announced it will buy fellow energy company Hess Corp. It follows Exxon Mobil's acquisition of Pioneer Natural Resources just weeks ago as the U.S.'s two top oil players vie for a bigger role in the emerging oil opportunities in Guyana. Guyana is a new major oil producer after huge discoveries off the coast of the South American nation in recent years.

, host of public radio's"Full Disclosure," joins host Deepa Fernandes for more on these big energy moves.

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Nederland Laatste Nieuws, Nederland Headlines



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