Chevron faces challenges from Exxon Mobil and China's CNOOC who claim preemptive rights over Chevron's bid for an oil project in Guyana. Hess denies preemption provision in buyout deal with Chevron, amid complexities surrounding the potential megadeal.
Hess says pre-emption provision does not apply to buyout deal with Chevron #oott https://t.co/ZTJWxVMvOA
Exxon Preemption May Snag Chevron-Hess Megadeal The notion has "flabbergasted" even seasoned transaction and contract lawyers, but they say the devil ultimately lies in #oott https://t.co/vxYCTbeDmL
Hess says pre-emption provision does not apply to buyout deal with Chevron https://t.co/nqZFFTwWwa https://t.co/aHX8GholVP
Chevron’s ‘Loose End’ on Hess Wasn’t Flagged, Tectonic CEO Says #oott https://t.co/6TX1tBPIaH
Exxon juggles stick of dynamite near Hess deal #oott https://t.co/BTFH3j0wkI
Exxon juggles stick of dynamite near Hess deal - @rob_cyran - https://t.co/7pmHgGzdq8 https://t.co/Fl1KL0dB2j
Chevron warned investors Monday that Exxon Mobil and China’s CNOOC are asserting they have a right to pre-empt the company’s bid for a stake in a prolific oil project off Guyana https://t.co/rwArVJdWKd