Exxon's decision to exit Equatorial Guinea signifies a significant shift in the country's fortunes, once a promising location. Chevron was surprised by Exxon's move to file for arbitration over Guyana, leading to abrupt end in discussions over an oil field with Cnooc.
Chevron CEO Wirth Says Guyana Talks With Exxon, Cnooc Ended Abruptly https://t.co/4S1eizqzgZ $CVX usually wins vs $XOM.
Chevron’s discussions with Exxon and China’s Cnooc over a prolific oil field off the shores of Guyana ended “abruptly” a few weeks ago, CEO Mike Wirth said. https://t.co/3FzEfQVQSl
Chevron surprised when Exxon filed for arbitration over Guyana - CEO https://t.co/o8PLf8ere1 https://t.co/Qfna2jS8SZ
Chevron surprised when Exxon filed for arbitration over Guyana, CEO says https://t.co/60UKooAVTm
#CERAWEEK Chevron surprised when Exxon filed for arbitration over #Guyana - CEO #oott https://t.co/horx2dSwcf
Exxon’s exit marks reversal of fortune for Equatorial Guinea The tiny central African country was once a hotbed of promise #oott https://t.co/lVNVLfBjrQ