Chevron finalizes Hess acquisition after arbitration win over ExxonMobil, gaining a key 30% stake in Guyana oil riches.

Oil production near Guyana is ramping up while production in places like the Permian Basin appears to be approaching a ...

Good afternoon and happy Friday, readers! We’ve got some good news for those living in the DMV region. Lower dew points and ...

Chevron’s imminent entry into Guyana’s rich offshore oilfields solves one of the biggest problems dogging the U.S. major: ...

Chevron struck the deal to acquire Hess in October 2023. Exxon tried to block the move last year, saying it had a right of ...

HOUSTON (Reuters) -Chevron will proceed with its $53 billion acquisition of Hess, CNBC reported on Friday, after it prevailed ...

Chevron is clear to proceed with its $53B acquisition of Hess after an arbitration panel dismissed Exxon Mobil's claim of a ...

Chevron has prevailed against Exxon Mobil in a dispute over Hess Corporation’s offshore oil assets in the South American ...

We welcome Chevron to the venture and look forward to continued industry-leading performance and value creation in Guyana for ...

Chevron completed its purchase of Hess after prevailing in a legal dispute with Exxon over one of the most promising oil ...

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Chevron’s Hess deal boosts Guyana exposure and adds shale growth, while strong cash flow and returns support its outlook.