Chevron says Guyana arbitration hearing to begin in May
(Reuters) – U.S. oil major Chevron (NYSE:) said on Wednesday that hearing for an arbitration regarding Hess (NYSE:)’ Guyana assets have been scheduled for May 2025.
Last October, Hess agreed to sell itself to Chevron for $53 billion in stock, but the deal has been challenged by Exxon Mobil (NYSE:), which claims a right to Hess’ Guyana assets.
