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Chevron finalizes Hess acquisition after arbitration win over ExxonMobil, gaining a key 30% stake in Guyana oil riches.
Chevron’s Hess deal boosts Guyana exposure and adds shale growth, while strong cash flow and returns support its outlook.
An arbitration court in Paris ruled that Chevron could proceed with its $53 billion acquisition of Hess, which had been on hold since 2023 as ExxonMobil contested the deal.
Chevron completed its purchase of Hess after prevailing in a legal dispute with Exxon over one of the most promising oil ...
Oil production near Guyana is ramping up while production in places like the Permian Basin appears to be approaching a ...
Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access ...
Chevron closed its $55 billion acquisition of Hess on Friday after winning a landmark legal battle against larger rival Exxon ...
The conclusion of the saga removes a stock overhang for Chevron and paves the way for the $53 billion deal to close ...
Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger ...
BP appointed a chairman who is best known for taking another London-listed company to the New York Stock Exchange.
Chevron completed its $53 billion acquisition of Hess after all legal hurdles were cleared, including the company's vast oil ...
Chevron Corp. won its arbitration battle with Exxon Mobil Corp. and has closed its $53-billion deal to buy Hess Corp. more ...