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  1. Chevron Corporation acquired Hess Oil, requiring a share expansion.

Acquisition of Hess Corporation's stake in the Stabroek block occurred on July 7, 2025.

1 report, 0 independent Updated Jul 7
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What happened

SpeculativeNo independent reporting found

Acquisition of Hess Corporation's stake in the Stabroek block occurred on July 7, 2025.

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What this event is mainly about

How it developed

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  1. UBS raised its price target for Hess Corporation and compared its upside exposure against Chevron Corporation regarding their operations in Guyana.Sub-event
  2. The new event details ongoing disputes and acquisitions involving major oil companies like Exxon and Chevron in Guyana.Sub-event
  3. Hess stake acquisition in Stabroek block completed on 2025-07-07.

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Coverage

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