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Chevron Corp. has prevailed in a 20-month fight to buy Hess Corp. for $53 billion, overcoming a challenge by arch rival Exxon ...
Chevron’s Hess deal boosts Guyana exposure and adds shale growth, while strong cash flow and returns support its outlook.
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.
The 20-month feud between the Western Hemisphere’s two most powerful oil companies over the biggest offshore discovery in a generation hinged on a single clause of a contract few people have ever seen ...
2h
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 ...
The U.S. DOJ urged Maryland's highest court last week to dismiss a series of lawsuits targeting big oil companies over ...
Chevron closed its $55bn (R975bn) acquisition of Hess on Friday after winning a landmark legal battle against ExxonMobil in ...
3h
The Cool Down on MSNDaughter of woman who died horrific death during heatwave sues Big Oil companies: 'A story of industry betrayal'The daughter of a woman who died during the record-breaking heat wave in Seattle in 2021 has sued six oil companies.
19h
South Africa Today on MSNAs Brazil expands oil, COP30 head urges rich nations to phase out fossil fuels firstAs Brazil ramps up offshore oil exploration at the mouth of the Amazon River, the CEO of COP30 urged wealthy nations to be ...
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