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Chevron acquires Hess for $53B
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Cryptopolitan on MSN2d
Secret contract clause ignited a 20-month war between two global oil giants
A single line buried in an old contract kicked off a 20-month battle between ExxonMobil and Chevron over the biggest offshore oil discovery in years.
Chevron buys Hess for $53B in second mega oil merger this month. The deal signals energy giants — flush with cash since oil prices spiked after Russia invaded Ukraine — are leaning into fossil ...
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