US Oil Dealmaking at Full Tilt as Chevron Agrees to Buy Hess

US Oil Dealmaking at Full Tilt as Chevron Agrees to Buy Hess

Chevron Corp.’s proposed $53 billion takeover of Hess Corp. is the second megadeal this month and makes resoundingly clear a new wave of consolidation is reshaping the energy landscape. US oil and natural gas companies are circling each other for potential match ups to keep investor returns growing as the nation’s prolific shale fields age. … Read more