Too Big to Merge? Exxon and Chevron Might Think So ...Middle East

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Too Big to Merge? Exxon and Chevron Might Think So
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Earlier this week, Chevron completed its acquisition of Hess Corp. It was one of the largest deals in the oil and gas space in recent history, after Exxon’s takeover of Pioneer Natural Resources, finalized in 2024. With that out of the way, the question begs to be asked: could the two U.S. giants strike a deal to create a single, much bigger giant? Some argue it might only be a matter of time. Reuters’ Ron Bousso, for instance, wrote in a recent article that Exxon and Chevron are already partners in a number of projects around the world…

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