Chevron completes acquisition of hess corporation

Houston--(business wire)--chevron corporation (nyse: cvx) announced today that it has completed its acquisition of hess corporation (nyse: hes) following the satisfaction of all necessary closing conditions, including a favorable arbitration outcome regarding hess' offshore guyana asset. the combined company has one of the most advantaged and differentiated portfolios in the industry, with leading positions in critical energy markets around the world and a high cash margin production profile. i.
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