Hess shareholders approve acquisition by Chevron

Hess Corporation shareholders approved the company’s acquisition by Chevron for $53 billion. Hess was the company that drilled the first wildcat well on Alaska’s at Prudhoe Bay. Last year, Chevron shareholders voted to approve the acquisition, which has been underway ever since. It’s the second major movement between oil companies this week. ConocoPhillips announced Wednesday it is acquiring … Continue reading Hess shareholders approve acquisition by Chevron