ExxonMobil starts arbitration over Guyana oil rights, complicating Chevron-Hess deal
March 7, 2024 Comments Off
ExxonMobil has started an arbitration process regarding its rights over Hess’s Guyana oil and gas assets, tossing some sand into the gears of rival Chevron’s pending $53 billion acquisition of Hess. “We are engaging in arbitration because we owe it to our shareholders to protect our rights,” said ExxonMobil spokesperson Michelle Gray March 6. “We are confident in our reading…
ExxonMobil starts arbitration over Guyana oil rights, complicating Chevron-Hess deal
ExxonMobil has started an arbitration process regarding its rights over Hess’s Guyana oil and gas assets, tossing some sand into the gears of rival Chevron’s pending $53 billion acquisition of Hess. “We are engaging in arbitration because we owe it to our shareholders to protect our rights,” said ExxonMobil spokesperson Michelle Gray March 6. “We are confident in our reading…
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