Exxon Expects Victory in Dispute over Chevron-Hess Deal, Exec Says
5 Articles
5 Articles
Exxon plans to operate in Guyana ‘as usual’ if it loses Chevron-Hess arbitration – Oil & Gas 360
(World Oil) – Exxon Mobil Corp. said it will be “business as usual” in its massive Guyana oil field if it loses its arbitration case against Chevron Corp. and Hess Corp. Exxon remains confident it will prevail in the case over the field’s ownership at the International Chamber of Commerce, Neil Chapman, Exxon’s senior vice president, said at the Bernstein Strategic Decisions Conference in New York on Thursday. But there will be “no change for us
ExxonMobil executive: will be ‘business as usual’ if company loses Guyana arbitration - INews Guyana
Though ExxonMobil believes it will win its Guyana-related arbitration against Chevron and Hess, it will be “business as usual” if the company loses its case, an executive for the US supermajor said Thursday. “You know, we’re confident the judges will go in our favour, but if they don’t, and Chevron can purchase Hess, Chevron becomes […] The post ExxonMobil executive: will be ‘business as usual’ if company loses Guyana arbitration appeared first …
Arbitration Between ExxonMobil and Chevron Over Hess Merger to Begin on Monday
Two major American oil companies, ExxonMobil and Hess, will meet in court on Monday to determine whether Chevron’s planned $53 billion acquisition of Hess will go forward. The key issue at the heart of the dispute is rights to oil fields in Guyana, considered among the richest in the world, according to Reuters. Chevron seeks to acquire Hess in order to gain access to the company’s 30 percent stake in a Guyanese oil project. However, Exxon and C…
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