As a condition of the approval, the Federal Trade Commission (FTC) has stipulated that Hess CEO John B Hess will not join ...

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 ...

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

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 ...

If its slate of directors is approved next week, Hess will appoint John Krenicki, a former vice chairman of General Electric, as its nonexecutive chairman, while John B. Hess will remain chief ...

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.

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.