San Ramon-based Chevron buys Hess for $53 billion, 2nd buyout among major producers this month as oil prices surge ...Middle East

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San Ramon-based Chevron buys Hess for $53 billion, 2nd buyout among major producers this month as oil prices surge
The Chevron-Hess deal comes less than two weeks after Exxon Mobil said that it would acquire Pioneer Natural Resources for about $60 billion.

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