Chevron warned it may not complete its planned buyout of Hess as Exxon Mobil and the China National Offshore Oil Corporation are saying the planned deal.
If the deal falls through, it would be a setback to Chevron, which has recently underperformed rivals and was hoping to get a boost from Hess’s 30% stake in.
By Will Feuer Atlas Energy Solutions said it has agreed to buy Hi-Crush's Permian Basin proppant production assets and North American logistics operations.