Chevron's High Confidence Is Driving It to Wager Over $2 Billion That It Will Close This Needle-Moving Acquisition
Chevron (NYSE: CVX) made a bold move by agreeing to acquire Hess (NYSE: HES) for $53 billion. The transaction will enhance ...
ExxonMobil reassures Guyana strategies in place to deal with incursions into oil exploration
ExxonMobil Guyana says preparations are in place to shut down operations in the Stabroek Block to avert an oil spill should ...
Chevron acquires nearly $2.3 billion worth of Hess shares ahead of planned acquisition
The $2.3 billion purchase reflects the company's "continuing confidence" in closing a $53 billion deal, Chevron said.
Offshore Technology on MSN9d
New Wave to conduct marine warranty survey for Guyana’s Whiptail project
New Wave Offshore Energy has been appointed to conduct the marine warranty survey (MWS) for ExxonMobil Guyana's Whiptail ...
OilPrice.com5d
Chevron Buys 5% in Hess, Signals Merger Going as Planned
Chevron has purchased a 4.99% stake in Hess Corp for $3.2 billion, expressing confidence that its planned acquisition will ...
Chevron buys about 5% of Hess stock, says it is confident of merger
Chevron bought about 4.99% of Hess Corp's common shares this year, reflecting its confidence in completing the planned ...
EconoTimes5d
Chevron Increases Hess Stake Amid Pending $53B Acquisition
Chevron (NYSE:CVX) has acquired 4.99% of Hess Corp (NYSE:HES) shares this year, reinforcing its confidence in completing the ...
OilPrice.com12d
Exxon Bets Big on Natural Gas in Its Eighth Guyana Oil Project
ExxonMobil's Longtail project offshore Guyana will be the largest natural gas development in the Stabroek Block, targeting ...
MercoPress1mon
Tag: Stabroek Block
With a 30% interest in the Stabroek Block, it has allotted more than 80% of its capital and exploratory budget of US$1.9 billion for 2021 to its offshore blocks. Hess Corporation has announced ...
ExxonMobil Faces $214M Cost Recovery Dispute in Guyana
XOM and Guyana are set to discuss a $214M tax dispute after an audit flagged potential cost overstatements at the Stabroek ...
Stabroek News13d
Information sessions to be held for ExxonMobil’s seventh oil extraction project
Information sessions have been scheduled for what is intended as the seventh oil extraction project for ExxonMobil and its partners. A notice in yesterday’s Stabroek News said that ExxonMobil ...