Hess reviews timeline for Chevron deal closing after Exxon escalates Guyana dispute
ChevronChevron(US:CVX) CNBC·2024-03-07 19:01

Mike Wirth, CEO of Chevron and John Hess, CEO of Hess, appear on CNBC to speak about Chevron's deal to buy Hess Corp for $53 billion all-stock deal, on the floor of the New York Stock Exchange (NYSE) in New York City, October 23, 2023.Hess Corp. is reviewing the timeline for when its merger with Chevron will close after Exxon Mobil this week escalated a dispute over lucrative oil assets in Guyana.Exxon filed for arbitration Wednesday to defend what the oil major views as its right to make a counter offer fo ...