- 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.
2 reports, 0 independent
Updated Jul 4
Gone quiet
- Reports
- 2
- Developments
- 3
- Repetition
- 0%
New informationRepeats or wire copies
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
The new event details ongoing disputes and acquisitions involving major oil companies like Exxon and Chevron in Guyana.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- A merger involving Chevron Corporation and Hess Corporation was postponed.Sub-event
- ICC arbitration claims regarding Exxon's operations in Guyana are delaying Chevron's acquisition strategy.
- Reports on Exxon's CNOOC JV and Chevron's dispute over Hess's stake in Guyana.
Keep exploring
The entities involved
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Mobil
former American oil company
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Chevron Corporation
American multinational energy corporation
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Guyana
country in South America
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International Chamber of Commerce
business organization
Nothing else this week.
Related events
- Exxon leads a consortium with CNOOC to begin oil production in Guyana.
- ExxonMobil is drilling exploration wells in Guyana's Stabroek Block, while Guyana's maritime body issues instructions to mariners.
- Irfaan Ali is President of Guyana, and ExxonMobil operates under the Stabroek Block PSA.
- Guyana and ExxonMobil report production milestones, alongside military cooperation talks with Brazil.
- ExxonMobil and Brookfield Renewable are expanding globally, increasing production in Guyana and Africa, while monitoring Brent crude prices and Middle East volatility.
Coverage
Newest first; wire copies grouped- Unknown outlet
- Unknown outlet