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Reuters

Reuters

FTC allows Chevron-Hess deal, bars John Hess from board

Reuters
Summary
Nutrition label

78% Informative

The FTC 's order leaves Exxon Mobil's challenge to the deal as its final hurdle.

Exxon and Hess 's partners in a Guyana joint venture are challenging the deal.

A three -judge arbitration panel is due to consider the case in May 2025 .

The proposed all-stock acquisition is one of the largest in a consolidating U.S. oil and gas industry.

VR Score

88

Informative language

92

Neutral language

84

Article tone

formal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

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