Federal regulators are alleging a major oil company CEO conspired with foreign governments to keep oil and gas prices high.

The Federal Trade Commission said the oil giant can acquire the smaller company as long as the chief executive of Hess does ...

Chevron and Hess merger clears FTC antitrust review, but Hess CEO John Hess will not join Chevron board. Chevron CEO ...

Oil company scion John Hess allegedly 'communicated publicly and privately with OPEC representatives and oil ministers of ...

US regulators will allow Chevron Corp. to move forward with its $53 billion acquisition of Hess Corp. but are barring Chief ...

Antitrust regulators are set to prevent Hess Corp CEO John Hess from joining the board of Chevron Corp as part of a $53-billion merger deal.

The agency accuses John Hess of improper talks with OPEC and will block him from joining the board of Chevron, which is ...

Chevron Corporation (NYSE: CVX) today announced the Federal Trade Commission (FTC) completed antitrust review of the company’s merger with Hess Corporation (NYSE: HES), satisfying a key closing ...

John Hess would be prevented from Chevron’s board as part of deal for antitrust approval of a Hess-Chevron merger.

Chevron Corp. agreed that Hess Corp. Chief Executive Officer John Hess won’t join the company’s board as part of an agreement with the US Federal Trade Commission allowing the companies’ merger to ...

The FTC has required Chevron to exclude Hess CEO John Hess from its board of directors as a condition for the merger’s approval. Chevron has reportedly agreed to this condition, marking a major ...