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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 story behind how it unfolded shows how American oil executives’ usual cordial relationships were pushed to the breaking ...
Guyana's rapidly expanding oil and gas sector is set to benefit from over 160 sustained local jobs with the official opening ...
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 ...
AS Guyana’s energy sector expands, so too does the national focus on local content and the creation of meaningful ...
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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 ...
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 ...
Chevron closed its $55bn (R975bn) acquisition of Hess on Friday after winning a landmark legal battle against ExxonMobil in ...
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