Chevron to Acquire Hess for $53 Billion in Latest Major Oil Deal October 23, 2023 NYT NYT > Business NYTimes + The acquisition marks further consolidation of the oil industry and highlights the confidence that energy companies have in the future of fossil fuels. NYT NYT > Business NYTimes The acquisition marks further consolidation of the oil industry and highlights the confidence that energy companies have in the future of fossil fuels.