US oil major Chevron has decided to “double down on fossil fuels”, says Emily Gosden in The Times. It has bought Hess, a smaller rival, in a $53bn all-share deal. The purchase is “the second blockbuster oil and gas takeover this month” following ExxonMobil’s $60bn acquisition of Pioneer, the fracking
A jewel in Chevron’s crown
Oct 27, 2023
2 minutes
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