Chevron preps quick closing of Hess deal and awaits result of Exxon dispute

HOUSTON (Reuters) -Chevron is laying the groundwork to swiftly close its planned acquisition of smaller oil producer Hess, according to two sources and an industry analyst, including by preparing a severance program for some Hess workers. The preparations come as both companies await a decision in a legal challenge from larger rival Exxon Mobil that will make or break the $53 billion deal. Completing the Hess acquisition is key to Chevron CEO Mike Wirth's strategy.