Chevron has announced the acquisition of Hess Corporation. According to the company announcement Chevron Corporation is a leading integrated energy company that produces crude oil and natural gas, manufactures transportation fuels, lubricants, petrochemicals, and additives, and develops technologies to enhance its business and the industry. The company recently completed its acquisition of Hess Corporation, which significantly enhances and extends its growth profile, creating a premier energy company with one of the most advantaged and differentiated portfolios in the industry. This acquisition adds world-class assets, including a 30% position in the Guyana Stabroek Block with over 11 billion barrels of oil equivalent discovered recoverable resource, and 463 thousand net acres of high-quality inventory in the Bakken shale, to Chevron’s diversified global portfolio. Chevron aims to grow its oil and gas business, lower the carbon intensity of its operations, and grow new businesses in renewable fuels, carbon capture and offsets, hydrogen, power generation for data centers, and emerging technologies.

To learn more about Chevron, visit http://www.chevron.com/
Company LinkedIn Page: https://www.linkedin.com/company/chevron/

Company Contact:

Michael Wirth, Chief Executive Officer
832-854-1000

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