Hess CEO’s OPEC Communication Disqualifies Him From Chevron Board, FTC Says
US regulators will allow Chevron Corp. to move forward with its $53 billion acquisition of Hess Corp. but are barring Chief ...
FTC confirms Chevron-Hess deal approval barring John Hess from board
Chevron (CVX) and Hess (HES) confirm completion of FTC antitrust review for merger, with Hess CEO not joining Chevron board.
Upstream38m
US FTC approves Chevron-Hess merger — with a catch
Chevron’s proposed $53 billion merger with Hess has been cleared by the US Federal Trade Commission (FTC), though the ...
FTC clears Chevron-Hess deal, bans John Hess from board
The FTC on Monday alleged that John Hess encouraged OPEC representatives to draw down inventories, which would result in ...
The Globe and Mail15m
WTI Crude Oil futures traded higher overnight but failed into resistance.
Outside of China (CSI 300 +8.48%), the rest of the world trade is tilting slightly risk-off this morning. For the week, OPEC meets on Wednesday for their monthly monitoring meeting, and no new ...
Oil prices rise on Middle East conflict, but set for monthly loss
Oil prices rose on Monday on fears of a widening conflict in the Middle East curtailing Iranian crude supply, but prices were ...
FTC Bars John Hess from Chevron Board as Part of $53 Billion Deal
The Federal Trade Commission has approved a proposed consent order that would ban Hess's Chief Executive John Hess to serve as a Chevron board director as part of their $53 billion deal.