Chevron said Monday it will buy Hess Corp. for $53 billion, marking the second major oil deal this month as major producers seize the initiative while oil prices surge. The Chevron-Hess deal comes ...

WASHINGTON — The Federal Trade Commission is investigating Chevron's acquisition of Hess oil company, the second inquiry the independent agency has opened this week of a major oil industry merger.

File - Drivers refuel at a Chevron gas station, Monday, Oct. 23, 2023, in South Miami, Fla. A big explanation for the recent decline in gas prices is seasonality — with prices at the pump almost ...

File - Drivers refuel at a Chevron gas station, Monday, Oct. 23, 2023, in South Miami, Fla. A big explanation for the recent decline in gas prices is seasonality — with prices at the pump almost ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. WASHINGTON (AP) — The Federal Trade ...

File - The Chevron Products Company El Segundo refinery is seen on Monday, Oct. 23, 2023, in El Segundo, Calif. On Wednesday, the Labor Department releases producer prices data for October.

Chevron and Hess said in separate filings that the FTC is seeking additional information and documentary materials related to Chevron's proposed $53 billion purchase of Hess, announced in October.

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...