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 will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades. It

Good afternoon and happy Friday, readers! We’ve got some good news for those living in the DMV region. Lower dew points and lower levels of humidity are poised to roll in in the coming days – much needed relief for those of us melting the second we step outside.

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

Guyana Amazon Warriors won the Global Super League final, defeating Rangpur Riders by 32 runs in Providence. Johnson Charles and Rahmanullah Gurbaz starred with the bat, while Dwaine Pretorius and Imran Tahir led the bowling effort in a dominant win.

Chevron has a clear way for the major oil company to complete its $53 billion acquisition of Hess Corporation’s offshore assets in Guyana.

CHEVRON has won a high-stakes arbitration battle against ExxonMobil, clearing the way to finalise its US$53 billion acquisition of Hess Corporation

The ICC ruled in favor of Chevron’s $53 billion acquisition of Hess, granting it a 30% stake in Guyana's Stabroek Block.

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EXISTING for more than 25 years, the Environmental Protection Agency (EPA) remains committed to supporting Guyana’s sustainability efforts and continues to

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

The cloud hanging over Chevron’s year-long arbitration with ExxonMobil and CNOOC International over Hess’ stake in Guyana's prolific Stabroek block is gone, providing more clarity on the US supermajor’s future amid nearly two years of highs and lows, analysts said on Friday after Chevron and Hess won their showdown with their fellow oil titans.