Chevron has finalized its acquisition of Hess Corporation, marking a significant milestone in the oil industry. The completion of this $53 billion deal comes after an independent arbitration panel dismissed ExxonMobil’s claim of a contractual right of first refusal over Hess’ stake in the lucrative Stabroek Block offshore Guyana. This acquisition positions Chevron to capitalize … Continue reading Exxon loses Guyana fight as Chevron finalises Hess takeover