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Chevron’s Hess deal boosts Guyana exposure and adds shale growth, while strong cash flow and returns support its outlook.
Chevron Corp. has prevailed in a 20-month fight to buy Hess Corp. for $53 billion, overcoming a challenge by arch rival Exxon ...
The story behind how it unfolded shows how American oil executives’ usual cordial relationships were pushed to the breaking ...
Exxon Mobil (XOM.N) has lost its arbitration challenge to block Chevron's (CVX.N), $55 billion Hess (HES.N) but the top U.S.
1h
Cryptopolitan on MSNSecret clause triggers a 20-month legal battle between Exxon and ChevronA single line buried in an old contract kicked off a 20-month battle between ExxonMobil and Chevron over control of Guyana’s Stabroek Block, the biggest offshore oil discovery in years. The ...
23h
The Observer on MSNChevron seals Hess deal as oil focus shifts to GuyanaWhen rival Chevron sought a share of the bounty by acquiring Hess, Exxon filed a claim that it had right of first refusal, a move with the potential to scuttle the deal. After the International ...
Chevron closed its $55bn (R975bn) acquisition of Hess on Friday after winning a landmark legal battle against ExxonMobil in ...
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