It’s been a bumpy ride for energy this year, because of overall soft crude prices and macroeconomic uncertainty. The widely followed Energy Select Sector SPDR exchange-traded fu

Exxon Mobil and Chevron's recent major acquisitions raise a provocative question: does the U.S. still need two energy titans, or might it be more efficient for the two to join forces?

IT staff from both Chevron and Hess worked together to plan the integration. Affected Hess employees were given the option to request severance packages. The layoffs are expected

Chevron is expected to lay off more than 500 employees in Houston this fall as part of its integration with Hess Corporation, the company confirmed Thursday.

Chevron cut 575 positions in the Houston area after it completed its $55 billion merger with Hess, a Texas Workforce Commission filing revealed on Wednesday.

Chevron is moving forward with its massive $53 Billion acquisition of Hess Corporation. This comes after winning a high-stakes legal battle against ExxonMobil. The dispute centers on rights to one of the most significant oil discoveries in decades is located off the coast of Guyana.

The Houston-based energy giant Chevron will lay off 575 employees from the Downtown Hess Tower following its $53 billion acquisition of Hess Corp ., according to the company.

Chevron leaders told Hess employees to stay focused on safe operations and that they will hear next week if they will continue to have jobs following the oil producer's acquisition, according to two Hess employees who spoke with Reuters.