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Hess Corporation News Monitoring

  • Published on Jul 20, 2025

    ASX ends down 1pc; biggest fall since April as banks sold

    The Australian sharemarket suffered its steepest one-day drop since April’s “liberation day” tariff sell-off, as investors dumped major bank stocks on concerns about stretched valuations following recent strong gains. The S&P/ASX 200 fell 1 per …

    Source: Financial Review - Center-right
  • Published on Jul 20, 2025

    Secret clause triggers a 20-month legal battle between Exxon and Chevron

    A single line buried in an old contract kicked off a 20-month battle between ExxonMobil and Chevron over control of Guyana’s Stabroek Block, the biggest offshore oil discovery in years. The confidential clause, signed more than ten years ago, became Exxon’ …

    Source: Cryptopolitan - Indeterminate
  • Published on Jul 18, 2025

    A New Beginning: Exxon, Chevron Now Partners In Guyana

    John Hess, chief executive officer of Hess Corp., left, and Mike Wirth, chairman and chief executive ... More officer of Chevron Corp., during a Bloomberg Television interview in New York, US, on Monday, Oct. 23, 2023. Chevron Corp. agreed to buy Hess Corp …

    Source: Forbes - Neutral
  • Published on Jul 19, 2025

    Chevron triumphs over Exxon, wins 20-month battle to buy Hess

    Chevron Corp. has prevailed in a 20-month fight to buy Hess Corp. for $53 billion, overcoming a challenge by arch rival Exxon Mobil Corp. that was unprecedented in the modern history of Big Oil. The ruling by an arbitration court allowing the deal to close …

    Source: Boston Herald - Massachusetts - Center-right
  • Published on Jul 19, 2025

    Another Crypto-Affiliated Firm Achieves the S&P 500 Milestone

    Block Inc., the fintech company founded by Twitter co-creator Jack Dorsey, is set to join the prestigious S&P 500 index on July 23. The announcement, confirmed by S&P Dow Jones Indices on July 18, reveals that Block will replace Hess Corporation, …

    Source: BeInCrypto - Center-left
  • Published on Jul 19, 2025

    Jack Dorsey’s Block is set to join S&P 500 index, replacing Hess

    Jack Dorsey’s Block Inc. is set to join the S&P 500 index, a milestone that underscores the growing influence of digital payments and crypto in mainstream finance. The fintech firm will replace Hess Corp. in the benchmark, following Chevron Corp.’s $53 …

    Source: CNBC-TV18 - Center-left
  • Published on Jul 19, 2025

    Chevron secures prized stake in Guyana’s oil block with arbitration win against Exxon

    (OilNow) CHEVRON has won a high-stakes arbitration battle against ExxonMobil, clearing the way to finalise its US$53 billion acquisition of Hess Corporation and secure a 30% stake in Guyana’s Stabroek Block, a prized asset that has won global attention in …

    Source: Guyana Chronicle - Pro-Government
  • Published on Jul 19, 2025

    Jack Dorsey’s Block to join S&P 500, stock surges 9% after-hours

    Jack Dorsey’s financial services company, Block, Inc., surged almost 9% in after-hours trading on Friday following the news that it will be added to the S&P 500, the benchmark index of the 500 largest US companies by market capitalization. Block will …

    Source: Coin Telegraph - Indeterminate
  • Published on Jul 19, 2025

    Jack Dorsey-led Block set to join S&P 500 in new milestone, to replace Hess

    Jack Dorsey’s Block Inc. is set to join the S&P 500 index, a milestone that underscores the growing influence of digital payments and crypto in mainstream finance. The fintech firm will replace Hess Corp. in the benchmark, following Chevron Corp.’s $53 …

    Source: Mint - Neutral
  • Published on Jul 19, 2025

    Biggest oil and gas sector deals since start of the century

    U.S. oil and gas major Chevron (CVX.N), completed its $53 billion acquisition of Hess (HES.N), on Friday, after it prevailed in a landmark legal battle against larger rival Exxon Mobil (XOM.N), to gain access to the biggest oil discovery in decades. …

    Source: Hellenic Shipping News - Neutral
  • Published on Jul 19, 2025

    Block surges 10% as it joins the S&P 500 index

    Key Takeaways S&P Dow Jones Indices announced Block will join the S&P 500, replacing Hess Corp on July 23. Block shares jumped over 10% in extended trading following the news, reflecting investor confidence in its long-term fundamentals. Share this …

    Source: Crypto Briefing - Neutral
  • Published on Jul 18, 2025

    Block Set to Join S&P 500

    NEW YORK, July 18, 2025 /PRNewswire/ — Block Inc. (NYSE: XYZ) will replace Hess Corp. (NYSE: 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 Corp. (NYSE: CVX) …

    Source: The AI Journal - Pending
  • Published on Jul 18, 2025

    Breaking: Jack Dorsey’s Bitcoin Company Block To Join S&P 500

    Jack Dorsey’s Block Inc. is set to become the second crypto company to join the S&P 500 following Coinbase, which joined earlier this year. Dorsey’s fintech company provides Bitcoin payment services and also mines BTC as part of its operations. In a …

    Source: Coingape - Neutral
  • Published on Jul 18, 2025

    Traders Eye Good Risk-Reward Potential, Huge Dividend Yield As Chevron Defeats Exxon In $53B Legal Battle

    Retail traders on Stocktwits praised Chevron Corp.’s (CVX) key legal battle win, removing a significant roadblock in its $53 billion plan to acquire Hess Corp. (HES). According to a CNBC report, the International Chamber of Commerce decided against …

    Source: Asianet Newsable - Center-right
  • Published on Jul 18, 2025

    Chevron closes Hess acquisition after legal dispute with ExxonMobil

    July 18, 2025 Supermajor Chevron Corp., Houston, announced it has finalized its acquisition of Hess Corp., New York, following a favorable arbitration ruling in a legal battle against rival ExxonMobil Corp., Spring, Texas, concerning Hess’ offshore Guyana …

    Source: WorkBoat - Neutral
  • Published on Jul 18, 2025

    Pioneer founder Scott Sheffield no longer wants to join Exxon board after FTC ruling

    Longtime shale boss and North Texas energy titan Scott Sheffield said he’s no longer interested in joining Exxon Mobil Corp.’s board after the U.S. Federal Trade Commission set aside orders barring the founder of Pioneer Natural Resources Co. from the oil …

    Source: The Dallas Morning News - Texas - Neutral
  • Published on Jul 18, 2025

    FTC Retracts Ban vs Hess, Pioneer Leaders

    The Federal Trade Commission (FTC) on Thursday canceled its consent orders for the Chevron-Hess and ExxonMobil-Pioneer mergers, saying the combinations would not harm competition. As a result, Hess Corp. chief executive John Hess and Pioneer Natural …

    Source: Rigzone - Neutral
  • Published on Jul 18, 2025

    ExxonMobil welcomes Chevron takeover of Hess after tribunal ruling

    Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access to one of the biggest oil finds of the decade. Chevron said Friday that it completed its acquisition of Hess shortly after the …

    Source: I News Guyana - Pro-Government
  • Published on Jul 18, 2025

    Hess withdraws from one Suriname offshore oil block

    Suriname’s state-owned oil and energy company, Staatsolie, has confirmed that the American oil and gas company Hess Corporation has decided to relinquish its interest in Block 59 offshore Suriname. “Hess has fulfilled its minimum-work obligations and …

    Source: The Gleaner - Neutral

05 days 02:27:59

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