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The arbitrators in the legal dispute between Exxon Mobil and Hess have reached a decision that will determine whether Chevron can move forward with its planned $53B merger with Hess.
Exxon Mobil CEO Darren Woods on Monday said his company is trying to establish it has rights over Hess Corp's Guyana assets in its dispute with Chevron , not buy the company itself.
Exxon Mobil's surprise challenge to Chevron's acquisition of Hess through a dispute over a stake in a major Guyana oil field could prove fruitful for the U.S. oil giant, even if it does not end up ...
Exxon and China's CNOOC, Hess' partners in Guyana, filed arbitration disputes early last year, which have delayed the deal's closing and caused Chevron to miss out on increased output and revenue.
Hess holds a 30% stake in an Exxon-led consortium now pumping 380,000 barrels per day. The deal faces regulatory reviews, but “We don’t see anti-trust concerns here,” said Wirth.
An arbitration panel's hearing over Exxon Mobil's (XOM) dispute over Hess's (NYSE:HES) Guyana assets will occur on May 26. The Paris-based International Chamber of Commerce will hold the hearing ...
Arbitrators in a dispute between ExxonMobil and Hess regarding Guyana's prolific Stabroek block have reached a decision, Reuters reported on Friday. The nature of the decision and its expected ...
HOUSTON (Reuters) -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 ...
An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil riches in Guyana, four people familiar with the matter said ...
Exxon's stock is below where it was 10 years ago. Despite the ill-fated XTO takeover, Exxon should not shy away from what it should do now: Buy Hess Corp.
Exxon CEO Darren Woods told Reuters earlier this year he would consider a counterbid for all or part of Hess Guyana's stake, but only after the arbitration panel accepts its claim to first right ...
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