- Chevron Corporation acquired Hess Oil, requiring a share expansion.
- Acquisition of Hess Corporation's stake in the Stabroek block occurred on July 7, 2025.
- The new event details ongoing disputes and acquisitions involving major oil companies like Exxon and Chevron in Guyana.
A merger involving Chevron Corporation and Hess Corporation was postponed.
1 report, 0 independent
Updated Jun 25
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
A merger involving Chevron Corporation and Hess Corporation was postponed.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Chevron Corporation
American multinational energy corporation
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Hess Corporation
American global energy company
Nothing else this week.
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Guyana
country in South America
Related events
- Hess Corporation operates in Guyana's oil industry while ExxonMobil faces criticism from Christopher Ram regarding its financial reporting on the Stabroek Block consortium.
- CEO of Chevron sold 317,100 shares of the company stock on August 18th.
- ExxonMobil operates in Stabroek Block off Guyana, while Christopher Ram analyzes the revenue generated from the oil operations.
- ExxonMobil operates in Guyana under cost recovery terms.
- ExxonMobil is drilling exploration wells in Guyana's Stabroek Block, while Guyana's maritime body issues instructions to mariners.
Coverage
Newest first; wire copies grouped- Unknown outlet