Guyana oil block battle: Chevron clears $53 billion Hess deal after Paris arbitration, good points entry into Exxon-led Guyana discipline
Chevron has accomplished its $53 billion acquisition of Hess Corp, securing a stake in one of many world’s most profitable oil fields, after profitable a key arbitration ruling in Paris. The Worldwide Chamber of Commerce (ICC) cleared the best way for Chevron to hitch Exxon Mobil and China’s CNOOC in Guyana’s large Stabroek Block, ending…