Chevron finally secures Hess stake in Guyana after arbitration win. Production ready to surge. Now it has to cut costs while integrating.
Chevron just cleared a major hurdle and pushed its Hess strategy across the finish line after winning arbitration with Exxon over Guyana’s Stabroek oil block. A Paris-based ICC panel ruled in Chevron’s favor, opening access to Hess’s 30 percent stake in … Read more