Exxon Mobil and Cnooc have combined their arbitration claims against Chevron's planned acquisition of Hess, enabling the US oil giant to access Guyana's Stabroek Block. Hess's board has endorsed the Chevron merger, prompting shareholder approval. The merger faces challenges as the oil giants allege Chevron of breaching Guyana contracts, jeopardizing the $53 billion deal.
Exxon Mobil and China’s CNOOC merged arbitration claims against Chevron’s proposed takeover of Hess that would allow the U.S. oil supermajor to enter Guyana’s Stabroek Block. https://t.co/kZu6Pe7Qtl
Exxon, Cnooc Merge #Guyana Arbitration Claims Against Chevron Oil giants accuse Chevron of circumventing Guyana contract Dispute threatens Chevron’s $53 billion deal to buy Hess #oott https://t.co/2dlJOSmzZT
Hess board recommends shareholders vote in favor of Chevron merger -filing https://t.co/0TTXKSyN2A https://t.co/LJxQ6adbSK
Hess board recommends shareholders vote in favor of Chevron merger -filing #oott https://t.co/XyaPwkTxDv
Exxon Mobil and Cnooc merged arbitration claims against Chevron’s proposed takeover of Hess that would allow the US oil supermajor to enter Guyana’s Stabroek Block https://t.co/R1cSerPshr