Chevron logos ride atop a gas station in Columbus, Miss., Monday, Oct. 23, 2023. Chevron is buying Hess Corp. for $53 billion as major producers seize the initiative while oil prices surge. (AP Photo/Rogelio V. Solis)
October 23, 2023
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October 23, 2023 midnight
Chevron buys Hess for $53 billion
Chevron is buying Hess Corp. for $53 billion and it's not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge.