Chevron’s imminent entry into Guyana’s rich offshore oilfields solves one of the biggest problems dogging the U.S. major: where its growth will come from beyond the next few years. On Friday, the U.S.

Chevron’s $53 billion acquisition of Hess gives it a major stake in Guyana’s booming Stabroek oil block, reshaping its global oil strategy amid production challenges.

Chevron struck the deal to acquire Hess in October 2023. Exxon tried to block the move last year, saying it had a right of first refusal to buy Hess’ Guyana assets because of its joint operating ...

Chevron completed its $53 billion acquisition of Hess after all legal hurdles were cleared, including the company's vast oil fields off the coast of Guyana.

Chevron Corp. (NYSE: CVX) on Friday closed its $53 billion purchase of Hess Corp., winning a protracted legal fight with ...

Chevron has secured its $53 billion acquisition of Hess, defeating Exxon in its yearslong attempt to block the deal and gaining control of an oilfield of major geopolitical importance. The oil major ...

Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access to one of the biggest oil finds of the decade.

Chevron and ExxonMobil are now joint venture partners in Guyana's lucrative Stabroek offshore oil block following Chevron's ...

A ruling from the International Chamber of Commerce has cleared Chevron's $53 billion acquisition of Hess, ending one of the biggest battles between two majors in decades.

Exxon Mobil Corp. is one of the oil industry’s most litigious companies, always ready to take a rival, a government, a green campaigner or even prospective investors to court. I ...

Chevron is clear to proceed with its $53B acquisition of Hess after an arbitration panel dismissed Exxon Mobil's claim of a contractual right to bid for Hess' assets offshore Guyana.