Chevron Hess Acquisition Update

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Chevron Closes Hess Deal

Chevron closes Hess acquisition after winning Exxon legal battle

Exxon and China's CNOOC, Hess' partners in Guyana, had filed arbitration disputes that claimed they held a pre-emptive right to purchase Hess' stake, which delayed Chevron's closure of the Hess acquis...

· 17h · on MSN

Chevron Closes Megadeal for Hess After Winning Exxon Arbitration

· 1d

Chevron’s megadeal for Hess gets approval after winning legal battle with Exxon

· 1d

Chevron gets go ahead for $53B Hess deal, access to one of the biggest oil finds

Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access to one of the biggest oil finds of the decade.

· 4h

Chevron triumphs over Exxon, wins 20-month battle to buy Hess

· 11h

Chevron’s $53bn deal for Hess on track after arbitration ruling

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Chevron Gets Go Ahead for $53B Hess Deal, and Access to One of the Biggest Oil Finds This Decade

“We welcome Chevron to the venture and look forward to continued industry-leading performance and value creation in Guyana for all parties involved.”

· 1d

Chevron clinches Hess acquisition after winning Exxon legal battle

· 1d

Chevron Buys Into One of World’s Hottest Oil Projects

1don MSN

Chevron finalizes $55B 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.

FTC Nixes Orders Banning Hess, Sheffield from Chevron, Exxon Boards

The FTC voted 3-0 to set aside orders barring oil veterans John Hess and Scott Sheffield from serving on the Chevron and Exxon boards, respectively.