F.T.C. Clears Chevron’s Purchase of Hess With Board Condition

F.T.C. Clears Chevron’s Purchase of Hess With Board Condition

The Federal Trade Commission said the oil giant can acquire the smaller company as long as the chief executive of Hess does not join its board.
ConocoPhillips to Buy Marathon Oil as M.&A. Frenzy Continues

ConocoPhillips to Buy Marathon Oil as M.&A. Frenzy Continues

ConocoPhillips has agreed to buy Marathon Oil for $22.5 billion, as consolidation in the U.S. energy sector shows little sign of slowing down.