Exxon-Hess Arbitration Case Close to End

Exxon-Hess Arbitration Case Close to End

The arbitrators for a dispute between Exxon and Hess Corp. have reached a decision, according to two unnamed sources who spoke to Reuters but did not divulge details about that decision. It remains unclear when the decision will be made public. The dispute between the two concerns the latter’s stake in the Stabroek Block in Guyana, which has yielded a string of oil discoveries since the start of exploration, giving Exxon and Hess—along with thei…

Arbitrators reach verdict on Exxon and Chevron dispute over Hess acquisition

Arbitrators have made a decision in the legal dispute between Exxon and Hess concerning a major oilfield project in Guyana.

Arbitrators in Exxon, Hess Dispute Over Chevron Deal Have Reached a Decision, Sources Say - Energy News, Top Headlines, Commentaries, Features & Events

The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project in Guyana, according to two sources familiar with the matter. The ruling will determine whether Chevron can move forward with its $53 billion planned acquisition of Hess. The Paris-based International Chamber of Commerce, which is overseeing ...