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Chevron Expected To Revitalize Bakken Shale With Hess Acquisition

Oil production is expected to climb in the Bakken after Chevron’s acquisition of Hess.

Hess Beats Q3 Earnings Estimates Ahead Of Acquisition By Chevron

Hess Corporation, after announcing it had agreed to be acquired by supermajor Chevron, has now beaten analyst estimates for its third quarter earnings.

US oil giant Chevron to buy rival Hess for $53 bn, Energy News, ET EnergyWorld

The mega-acquisition is the latest consolidation in the US energy sector, coming less than two weeks after the announcement that ExxonMobil would acquire Texas shale producer Pioneer for about $60 billion.

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