Category: Hess
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As $53 billion Chevron-Hess merger crosses the finish line, oil & gas assets’ fusion comes next
As $53 billion Chevron-Hess merger crosses the finish line, oil & gas assets’ fusion comes next Chevron has cleared all the hurdles in its path to bring Hess Corporation, a fellow oil and gas player, into its fold. As a result, the companies are taking steps to blend their operations, enabling Chevron to expand its oil…
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With final say on arbitration due by August-end, Chevron readying for ‘prompt close’ of Hess merger in 2025
With final say on arbitration due by August-end, Chevron readying for ‘prompt close’ of Hess merger in 2025 Chevron is confident that its rival, Hess Corporation, will emerge as the winner in the ongoing arbitration proceedings the remaining Stabroek block partners launched over the sale of interests in assets off the coast of Guyana. The…
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ExxonMobil to stay busy with Guyana’s deepwater oil & gas development ops in 2025
ExxonMobil to stay busy with Guyana’s deepwater oil & gas development ops in 2025 With nearly $55 billion committed to the development of six government-sanctioned projects, ExxonMobil is going to remain hard at work during 2025 to develop the oil and natural gas resources at the Stabroek block off the coast of Guyana. The post ExxonMobil…