Chevron's $53 billion purchase of Hess Corp marks the second major oil industry merger in weeks

Name: Chevron&#39;s $53 billion purchase of Hess Corp marks the second major oil industry merger in weeks
Duration: 2 min 30 s
Channel: tendencias
Description: On Monday, Chevron announced its agreement to acquire Hess for $53 billion in stock, marking the second major merger among the largest U.S. oil companies following Exxon Mobil&#39;s $60 billion bid for Pioneer Natural Resources earlier this month.