Hess Shares Fall Most in 20 Months on Lengthy New Delay to Chevron Sale

HOUSTON, Aug 1 (Reuters) – Shares in U.S. oil producer Hess (HES.N) suffered their largest daily percentage drop in 20 months on Thursday on fallout from the lengthy new delay to its proposed sale to Chevron (CVX.N) An arbitration panel organized to hear an Exxon Mobil (XOM.N) challenge to the $53 billion sale will not … Read more