Hess shares drop as fight with Exxon Mobil over Guyana oil threatens Chevron takeover

Hess Corp shares fell Tuesday after Chevron warned investors that a dispute with Exxon Mobil and China's National Offshore Oil Corp. (Cnooc) over Guyana's offshore oil assets could jeopardize its bid to acquire the company.Hess was down nearly 4% in morning trading Tuesday. Chevron shares fell more than 2%.Chevron entered an agreement to purchase Hess for $53 billion in an all-stock transaction in October — a play to gain a foothold in Guyana's massive offshore oil assets.Hess has a 30% stake in a consortiu ...