Chevron Cuts 575 Jobs in Houston After Closing Hess Acquisition

The reductions will take effect on September 26, according to the notice.


Get the Latest US Focused Energy News Delivered to You! It’s FREE:


The merger was delayed for over a year but even as the green light for it was awaited, Chevron had been making preparations so it could close the deal with Hess quickly, Reuters previously reported.

Information technology workers from Chevron and Hess met regularly to plan the integration, and Hess employees were informed that they could request a severance package following the deal’s close.

Converting technology and combining employees from both companies would take a few months, Chevron CEO Mike Wirth had told Reuters in an interview last week.

(Reporting by Vallari Srivastava in Bengaluru; Editing by Anil D’Silva)

Share This:


More News Articles

 

  • Related Posts

    US LNG Exports Fall in May on Maintenance, Asia’s Take Rises

    (Reuters) – U.S. liquefied natural gas exports fell to 10.2 million metric tons (MT) in May, the lowest level this year excluding February’s shorter month, as seasonal maintenance curbed output,…

    Chevron Applies for Argentina Tax Break Program With $13.8 Billion Investment Plan

    (Reuters) – Chevron has applied to join Argentina’s incentive regime for large investments for a $13.8 billion unconventional oil project in the El Trapial area of Vaca Muerta, the U.S.…

    Have You Seen?

    Iraq, UAE, Saudi Arabia All Set for Major Oil Output Surge in 2027

    • June 3, 2026
    Iraq, UAE, Saudi Arabia All Set for Major Oil Output Surge in 2027

    US LNG Exports Fall in May on Maintenance, Asia’s Take Rises

    • June 3, 2026
    US LNG Exports Fall in May on Maintenance, Asia’s Take Rises

    Chevron Applies for Argentina Tax Break Program With $13.8 Billion Investment Plan

    • June 3, 2026
    Chevron Applies for Argentina Tax Break Program With $13.8 Billion Investment Plan

    US Regulator Grants Waiver for Three Mile Island Restart

    • June 2, 2026
    US Regulator Grants Waiver for Three Mile Island Restart

    US Plans Energy Investments in Azerbaijan, Says $8 Billion in Deals Signed

    • June 2, 2026
    US Plans Energy Investments in Azerbaijan, Says $8 Billion in Deals Signed

    Venezuela Wants Oil Firms to Supply Their Own Power for Projects

    • June 2, 2026
    Venezuela Wants Oil Firms to Supply Their Own Power for Projects

    NIMBY Pushback to Data Centers a Boon for Bloom Energy, CEO Says

    • June 2, 2026
    NIMBY Pushback to Data Centers a Boon for Bloom Energy, CEO Says

    US Natural Gas Futures Dip on Lower Flows to LNG Export Plants

    • June 2, 2026
    US Natural Gas Futures Dip on Lower Flows to LNG Export Plants

    US States Sue Trump Administration and TotalEnergies Over Offshore Wind Cancellation

    • June 2, 2026
    US States Sue Trump Administration and TotalEnergies Over Offshore Wind Cancellation

    China Solar Makers Launch Space Energy Development Alliance

    • June 2, 2026
    China Solar Makers Launch Space Energy Development Alliance