ExxonMobil Hess Dispute Decision

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Chevron Closes Hess Deal

Chevron Closes $53B Purchase of Hess After Arbiter Ends Exxon Effort to Block It

Key Takeaways Chevron completed its $53 billion purchase of Hess after winning an arbitration case brought by rival Exxon Mobil and the China National Offshore Oil Corporation.The International Chamber of Commerce dismissed the challenge related to Chevron acquiring Hess's production sites in Guyana.

Reuters · 14d

Arbitrators in Exxon, Hess dispute over Chevron deal have reached a decision, sources say

The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project in Guyana, according to two sources familiar with the matter.

Benzinga · 3h

Exxon's Block Fails—Chevron Seals $53 Billion Hess Deal After Ruling

Chevron can proceed with its $53 billion Hess acquisition after winning an ICC ruling and receiving FTC approval for board integration.

bne IntelliNews on MSN8d

Arbitrators reported to have reached decision in ExxonMobil, Hess dispute

By bne IntelliNews The arbitrators in a legal dispute between ExxonMobil and Hess have reportedly reached a decision. Citing ...

Oil & Gas Journal2h

Arbitrator rules in favor of Chevron, Hess in Guyana dispute with ExxonMobil

The decision allowed Chevron to complete its $53-billion acquisition of Hess. The parties had referred their Stabroek standoff to the International Chamber of Commerce in ...

Chevron Buys Into One of World’s Hottest Oil Projects

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

Chevron’s $53 billion Hess acquisition cleared after arbitration ruling

Chevron (NYSE:CVX)’s $53 billion acquisition of Hess Corp (NYSE:HES). can now proceed after an arbitration panel ruled in favor of Hess in its dispute with Exxon Mobil Corp (NYSE:XOM).

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