Hess Corporation News Monitoring

News from the Oil Patch: Chevron Closes $54B Hess Corp Takeover

News from the Oil Patch, July 21 John P. Tretbar Chevron closes on it's biggest deal yet, several months after it was first announced. Chevron has completed its $53 BILLION acquisition of Hess Corporation, after winning an arbitration against …

Chevron completes acquisition of Hess Corporation

Chevron acquires Hess Corporation for $53bn

BY SAM OTUONYE  Chevron, an oil producing company, has completed its $53 billion acquisition of Hess Corporation, having prevailed in an arbitration against ExxonMobil regarding Hess’ offshore Guyana assets, which had delayed the takeover for over a year. …

Iraqi Cabinet Authorises Talks with Chevron

By John Lee. The Iraqi Cabinet has authorised the Ministry of Oil to sign a non-binding Memorandum of Principles with US oil company Chevron. According to a statement from the Prime Minister's office, the agreement would facilitate negotiations on: The …

S&P 500 and Nasdaq 100 Jump to Record Highs as Bond Yields Fall

Inside NYSE by Orhan Akkurt via Shutterstock The S&P 500 Index ($SPX) (SPY) today is up +0.54%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.41%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.72%.  September E-mini S&P futures (ESU25) …

S&P 500 Is Getting More Bitcoin Exposure as Block Joins the Club

Block Jack Dorsey, middle, is know as the "Block Head" at his company, which is set to join the S&P 500 today. Block, Jack Dorsey's Bitcoin-focused payments company, is set to join the S&P 500 on Wednesday, a milestone moment for both …

Block Stock Spikes on S&P 500 Index Addition. Here’s What Traders Need to Know.

Bitcoin on phone stock prices background by Vadim Volodin via iStock After Friday’s closing bell, S&P Global announced that Block Inc. (XYZ) will be added to the benchmark S&P 500 Index ($SPX) effective before the start of trading this Wednesday, …

Block to replace Hess Corp. in S&P 500 at open on 7/23

Block (XYZ) will replace Hess Corp. (HES) in the S&P 500 effective prior to the opening of trading on Wednesday, July 23. S&P 500 and S&P 100 constituent Chevron (CVX) has acquired Hess Corp in a deal that closed today, July 18. Published first …

Hess Midstream names new CEO, other leaders after Chevron closes Hess Corp. acquisition

After acquiring Hess Corp. for $53 billion, Chevron now owns about 37.8% interest in Hess Midstream's general partner. That ownership transition brought several changes for the Houston-based MLP's leadership.

Chevron Completes Acquisition of Hess Corporation

Chevron Corporation has completed its acquisition of Hess Corporation following the satisfaction of all necessary closing conditions, including a favorable arbitration outcome regarding Hess’ offshore Guyana asset. The combined company has one of the most …

Chevron and Hess merger to go ahead after protracted arbitration

Chevron made its offer to buy Hess for US$53Bn in October 2023, specifically citing Hess’ "extraordinary" Guyana asset – which accounts for more than 11Bn recoverable barrels of oil – that is operated and 45% owned by ExxonMobil and where Hess …

ASX 200 pulls back from record in worst day since April

The Australian share market recorded its steepest one-day decline since 9 April on Monday, partially retracing Friday’s record high as investors locked in profits, leading to a sharp sell-off in the major banks. The S&P/ASX 200 closed 89.0 points …

Exxon loses Guyana fight as Chevron finalises Hess takeover

US supermajor Chevron has wrapped up its acquisition of compatriot Hess Corporation following the satisfaction of all necessary closing conditions. The deal was completed after an independent arbitration panel rejected ExxonMobil’s claim that it held a …

Jack Dorsey’s Block Surges To 5-Month High As S&P 500 Inclusion Sparks Retail Buzz, Analyst Cheer

Block Inc. (XYZ) saw a sharp uptick in retail trader interest on Monday after it was selected to replace Hess Corp. in the S&P 500 index. Shares of the Jack Dorsey-led fintech firm jumped more than 7.2% in the regular session, hitting its highest level …

Big Oil’s Power Couple Heads to Guyana

Following the completion of Chevron’s acquisition of Hess Corporation, the U.S. supermajor will need to overcome a previously strained relationship with its biggest competitor at home, ExxonMobil, and work together as joint venture partners in the hottest …

Block rises on S&P 500 inclusion, signaling fintech's growing clout

Tech billionaire Jack Dorsey-led Block's shares rose 7 per cent in morning trading on Monday after the payments firm was added to the benchmark S&P 500, marking a milestone for the fintech sector. The inclusion cements Block's status as one of …

Block stock soars 8% after S&P 500 debut — analysts say the rally might be far from over

Block Inc. stock jumped 8% after it was added to the S&P 500 index. Shares also rose 9% in pre-market trading right after the news. Companies added to the S&P 500 usually go up because index funds are forced to buy their stock, creating extra …

Chevron Closes Hess Deal; ExxonMobil Welcomes New Partner Offshore Guyana

Chevron has completed its $53 billion acquisition of Hess Corp., a long-awaited development that gives the US supermajor a prized stake in Guyana’s rapidly expanding offshore sector. The all-stock transaction closed on 18 July following more than a year of …

Wall Street Meets Web3: Fintech ETFs, SPY, VOO To Get Jack Dorsey Upgrade As Block Joins S&P 500

Jack Dorsey’s Block Inc XYZ has officially entered the big leagues, and index-tracking ETFs such as SPDR S&P 500 ETF TRUST SPY and Vanguard S&P 500 ETF VOO are coming along for the ride. Stocks of the fintech titan famous for its Square point-of- …

Naba Alsaha and Strataphy Partner to Launch One of Saudi Arabia’s First Geothermal-Cooled Hospitals

Naba Alsaha partners with Strataphy to launch Saudi's first geothermal-cooled hospital, reducing energy use, emissions, and operational costs. ALKHOBAR, EASTERN, SAUDI ARABIA, July 23, 2025 /⁨EINPresswire.com⁩/ -- In a pioneering step for …

US Navy Veterans Lung Cancer Advocate Urges the Family of a Navy Veteran-Trades Worker to Call About Compensation If the ...

WASHINGTON , DC, UNITED STATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- The US Navy Veterans Lung Cancer Advocate says, "If your husband or dad has recently been diagnosed with lung cancer and they were exposed to asbestos as part of their job …

Electrical House (E-House) Market to Reach $2.3 Billion by 2030, Driven by Industrial Growth & Mobile Substation Demand

Rising Demand for Modular Power Solutions Propels Electrical House (E-House) Market Toward $2.3 Billion by 2030 WILMINGTON, DE, UNITED STATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- The Future of Modular Power: Electrical House (E-House) Industry …

Oil Refining Market Set to Soar to $3.75 Trillion by 2030: Light Distillates & Deep Conversion Lead Growth

Oil Refining Market Booms with Rising Global Fuel Demand and Strategic Expansion 🌍⚙️ WILMINGTON, DE, UNITED STATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- The global oil refining market is undergoing a significant transformation as it prepares to …

Hengtong Made a Brilliant Appearence at the 3rd China International Supply Chain Expo

Hengtong (SH:600487) SHANGHAI, SHANGHAI, CHINA, July 23, 2025 /⁨EINPresswire.com⁩/ -- From July 16 to 20, the 3rd China International Supply Chain Expo (CISCE), themed "Connecting the World for a Shared Future," was grandly held in Beijing under …

Stationary Fuel Cell Market Surges Toward $9 Billion by 2031 with 13.1% CAGR

Stationary Fuel Cell Market to Reach $9.0 Billion by 2031, Driven by Clean Energy Demand 🌱 WILMINGTON, DE, UNITED STATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- According to a new report by Allied Market Research, the stationary fuel cell market …

Global Buyers & Sellers Set to Converge in Dubai for the Rex Fuels Global Expo & Conference 2025

Rex Fuels Global Expo & Conference 2025 to be held at Conrad Dubai, Sheikh Zayed Road on 18th & 19th August 2025 DUBAI, DUBAI, UNITED ARAB EMIRATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- In a rapidly shifting global economy, where energy …

Generator Market to Reach $74.1 Billion by 2032, Driven by Industrial and Backup Power Demand

Industrial Growth and Power Security Drive Global Generator Market Expansion at 4.8% CAGR WILMINGTON, DE, UNITED STATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- The global generator market is experiencing a notable resurgence as industries, …

ADIPEC 2025 Technical Conferences achieve record submissions driven by practical applications of AI in the energy sector

ABU DHABI, UNITED ARAB EMIRATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- Joint paper submissions across both Technical Conferences increased by 7% over last year to a record 7,086 – of which 6,286 were from the Technical Conference organised by SPE …

Princia Awarded $15,000 for Light Pollution Research

Student-Led Nonprofit Princia Receives Prestigious Christine Stevens Wildlife Award to Combat the Growing Crisis of Light Pollution VA, UNITED STATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- The Animal Welfare Institute has recognized Princia for …

Thermoelectric Generator Market to Hit $1.44 Billion by 2030, Driven by Waste Heat Recovery & Aerospace Applications

♻️ Rising Demand for Clean Energy Spurs Growth in Thermoelectric Generator Market at 11.8% CAGR WILMINGTON, DE, UNITED STATES, July 23, 2025 /⁨EINPresswire.com⁩/ -- Thermoelectric Generator Industry: Unlocking Power from Heat Differentials The …

BLUETTI Unveils Apex 300 Power Station in Canada as Demand for Backup Power and Off-Grid Solutions Rises

TORONTO, ONTARIO, CANADA, July 22, 2025 /⁨EINPresswire.com⁩/ -- As Canadians face increasingly frequent power outages and turn to off-grid lifestyles and RV travel, BLUETTI has launched the Apex 300, a next-generation modular power station designed …

Nikki Clarke Network to Host Dr. Linda Pajoel and Other Speakers at 2025 Canada-Africa Trade & Investment Expo

Premier Canada-Africa forum set to unlock new investment frontiers in Toronto TORONTO, ONTARIO, CANADA, July 22, 2025 /⁨EINPresswire.com⁩/ -- The Organizing Committee of the Canada-Africa Trade & Investment Expo 2025 is proud to announce the …

Deltron Electric Shares Key Information About Safe EV Charger Installation

Deltron Electric provides insight on how to safely integrate EV chargers into home electrical systems. COCOA, FL, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- Deltron Electric has reported an increase in service requests following …

Micro Inverter Market Future Outlook | Key Players, Regional Share, and Forecast Growth to 2031

Micro Inverter Market to grow from USD 2.8 Bn in 2022 to USD 8.5 Bn by 2031, at a CAGR of 20.5% during 2024–2031. AUSTIN, TX, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- Global Micro Inverter Market Surges with Solar Energy Boom and Smart …

Cruitfly Reports Stable First Half with Promising Outlook for Temporary Scaffolding Labor Nationwide

Signs of a shifting economic climate are generating renewed optimism for the second half of the year. CHARLOTTE, NC, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- Cruitfly, a leading provider of skilled temporary labor solutions for …

SoftNAS® Sets New Benchmark in High-Availability Cloud Storage with Real-World Customer Results

Buurst Inc. announces enhanced SoftNAS capabilities that deliver 99.999% uptime and up to 40% cost savings across AWS, Azure, and Oracle Cloud HOUSTON, TX, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- Buurst™, a data performance company, …

As Summer Temperatures Thrive, Internationally-Approved Thermahood Dominates U.S. Market with Affordable Home Solution

BOCA RATON, FL, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- With July marking the middle of summer, families across the United States are feeling the heat as temperatures reach record highs and air conditioners see more use than ever. Thermahood, …

HUG Hydronics Ships Its 500th Radiant Heating Tank as Demand Grows for Simpler, Smarter Hydronics

HUG Hydronics celebrates its 500th system shipped, marking a major milestone in simplified, energy-efficient radiant heating innovation. PINE RIVER, MN, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- HUG Hydronics, a Minnesota-based …

Onsite Utility Services Capital Announces Strategic Appointment of Noe Romo as VP of TX School & Industry Associations

DELAVAN, WI, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- Onsite Utility Services Capital, LLC, a national leader in energy efficiency and Energy-as-a-Service solutions, is proud to announce the appointment of Noe Romo as Vice President of …