In 2024, Chevron (CVX -0.14%) issued a warning to investors about a potential disruption to its megadeal with Hess (HES 0.57% increase) as Exxon Mobil (XOM 0.39% increase) and China’s Cnooc assert their right to preempt Chevron’s bid for a stake in a prolific oil project off the coast of Guyana. Background: Chevron’s $53 billionContinue reading “Chevron’s Bid for Hess’s Stake in Guyana Project: Potential Disruption Ahead”
