ExxonMobil Hess Dispute Decision

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Chevron acquires Hess for $53B

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.

UPI on MSN · 2h

Chevron completes $53B acquisition of Hess

Chevron completed its $53 billion acquisition of Hess after all legal hurdles were cleared, including the company's vast oil fields off the coast of Guyana.

Houston Chronicle on MSN · 5h

Chevron finalizes $53B deal for Hess, ending dispute with Exxon over Guyana oil field stake

Chevron struck the deal to acquire Hess in October 2023. Exxon tried to block the move last year, saying it had a right of first refusal to buy Hess’ Guyana assets because of its joint operating agreement with Hess and the China National Offshore Oil Corp., or Cnooc, for the Stabroek Block.

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 ...

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 ...

9hon MSN

Chevron defeats Exxon in dispute over Guyana oil assets, clearing path for Hess acquisition

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

Oil & Gas Journal5h

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 ...

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 ...

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).

12don MSN

Arbitrators in Exxon-Hess dispute over Chevron deal have reached decision - Reuters

The arbitrators in the legal dispute between Exxon Mobil and Hess have reached a decision that will determine whether Chevron ...

manilatimes13d

Arbitrators in Exxon, Hess dispute over Chevron deal have reached a ...

HOUSTON, Texas — The arbitrators in a legal dispute between ExxonMobil and Hess have reached a decision related to a major oilfield project in Guyana, according to two sources familiar with ...

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