Chevron Buys Up Rival Producer in October’s Second Major Fossil Fuel Merger

The fossil fuel industry has no intention of slowing down, despite increasingly dire warnings from climate scientists.

Chevron said Monday that it has reached a deal to acquire rival oil producer Hess Corporation for $53 billion in stock, the second major fossil fuel merger announced this month following a record-hot September. Chevron is currently the second-largest oil and gas producer in the United States, and the Hess purchase is expected to boost the company’s output by 10% overall. Chevron said in a...

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This post was originally published on Latest – Truthout.


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Jake Johnson | radiofree.asia (2024-05-15T23:14:54+00:00) » Chevron Buys Up Rival Producer in October’s Second Major Fossil Fuel Merger. Retrieved from https://radiofree.asia/2023/10/23/chevron-buys-up-rival-producer-in-octobers-second-major-fossil-fuel-merger/.
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" » Chevron Buys Up Rival Producer in October’s Second Major Fossil Fuel Merger." Jake Johnson | radiofree.asia - Monday October 23, 2023, https://radiofree.asia/2023/10/23/chevron-buys-up-rival-producer-in-octobers-second-major-fossil-fuel-merger/
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Jake Johnson | radiofree.asia Monday October 23, 2023 » Chevron Buys Up Rival Producer in October’s Second Major Fossil Fuel Merger., viewed 2024-05-15T23:14:54+00:00,<https://radiofree.asia/2023/10/23/chevron-buys-up-rival-producer-in-octobers-second-major-fossil-fuel-merger/>
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Jake Johnson | radiofree.asia - » Chevron Buys Up Rival Producer in October’s Second Major Fossil Fuel Merger. [Internet]. [Accessed 2024-05-15T23:14:54+00:00]. Available from: https://radiofree.asia/2023/10/23/chevron-buys-up-rival-producer-in-octobers-second-major-fossil-fuel-merger/
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" » Chevron Buys Up Rival Producer in October’s Second Major Fossil Fuel Merger." Jake Johnson | radiofree.asia - Accessed 2024-05-15T23:14:54+00:00. https://radiofree.asia/2023/10/23/chevron-buys-up-rival-producer-in-octobers-second-major-fossil-fuel-merger/
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" » Chevron Buys Up Rival Producer in October’s Second Major Fossil Fuel Merger." Jake Johnson | radiofree.asia [Online]. Available: https://radiofree.asia/2023/10/23/chevron-buys-up-rival-producer-in-octobers-second-major-fossil-fuel-merger/. [Accessed: 2024-05-15T23:14:54+00:00]
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» Chevron Buys Up Rival Producer in October’s Second Major Fossil Fuel Merger | Jake Johnson | radiofree.asia | https://radiofree.asia/2023/10/23/chevron-buys-up-rival-producer-in-octobers-second-major-fossil-fuel-merger/ | 2024-05-15T23:14:54+00:00
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