Reported about 9 hours ago
Chevron is set to move forward with its $53 billion acquisition of Hess after prevailing in a significant legal dispute against Exxon Mobil. This victory grants Chevron access to the lucrative Stabroek Block offshore Guyana, which contains over 11 billion barrels of oil. The deal promises to boost Chevron’s performance and accelerate growth in one of the world's fastest-growing oil regions.
Source: YAHOO