Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.

STORY: Chevron sealed the deal for its $55 billion takeover of Hess on Friday, giving the energy giant access to the largest oil discovery in decades.Chevron completed the acquisition after winning a landmark legal battle against its larger rival Exxon Mobil,