South America
Chevron Buys $2.3 Billion Hess Stake on Merger Confidence
Chevron Corp. bought nearly 5% of Hess Corp. in an unusual move designed to show confidence that it will win the arbitration battle with Exxon Mobil Corp. that has delayed its planned takeover of Hess for more than a year.
Chevron Contractors in Venezuela Carry On Despite Trump Deadline
Venezuelan oil contractors are continuing their work with Chevron Corp. and have not been warned of an impending shutdown despite a US government deadline to stop producing oil there by early April.
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