The Federal Trade Commission (FTC) is inviting public input regarding a petition submitted by Chevron Corporation and Hess Corporation. The petition urges the FTC to reconsider and nullify a final consent order that pertains to Chevron's purchase of Hess.
This petition specifically requests the removal of a restriction in the order that prevents Chevron from appointing Hess CEO John B. Hess to its Board of Directors. The FTC issued this final order in January 2025.
Interested parties have until May 12, 2025, to submit their comments on the request to rescind the consent order. Details on how to submit comments are available on the docket, and once processed, these comments will be accessible on Regulations.gov. Following the conclusion of the public comment period, the FTC will vote on how to proceed with the petition.
The Federal Trade Commission continues its mission to foster competition and protect and educate consumers. The FTC emphasizes that it does not request money, make threats, ask for money transfers, or offer prizes. Consumers are encouraged to learn more about the advantages of competition and how to file antitrust complaints. For those interested in staying informed, the FTC offers updates through social media, press releases, and its blog.
