Exclusive-Hess Guyana's Secret Value Becomes Part of Exxon Arbitration, Sources Say By Sabrina Valle (Reuters) - An arbitration panel that will decide a high-profile clash between Exxon Mobil and ...

Hess (NYSE:HES) and Chevron (CVX) reaffirmed they are committed to their planned merger, and said an arbitration hearing regarding Hess' Guyana assets has been scheduled for May 2025, with a ...

Chevron and Hess believe the Guyana valuation should have no bearing on the panel's view of the contract arbitration, maintaining that Exxon's right does not apply because there is no change in ...

Hess' Guyana assets offer similar returns to the best shale fields, but the capital requirements are heavily front-load, dampening the cash generation potential for years yet (and precluding more ...

The case is unique as Guyana represents between 60-80% of the $53 billion Chevron offered for Hess, English and other experts have estimated. An Exxon arbitration win would not be the end of the ...

Hess CEO Upbeat on Oil Demand, Says Guyana's Potential Barely Scratched. More. Reuters. FILE PHOTO: CEO of Hess Corporation, John B. Hess speaks during the Energy Asia conference in Kuala Lumpur, ...

Recently, John Hess, the company’s president and CEO, personally traveled to Guyana to announce a partnership with Mount Sinai Hospital, an event that carries far more political and strategic ...

Hess grew its net oil production in Guyana by 52 percent year-on-year to 195,000 bpd in the fourth quarter of 2024. Image by Oleksii Kononenko via iStock Hess Corp. grew its net oil production in ...

Woods' position remains unchanged, people familiar with his thinking said this month. Wall Street analysts estimate Hess Guyana represents about 70% of Chevron's $53 billion bid.

Panel to consider independent appraisal of Hess Guyana; Exxon sees Chevron-Hess merger as disguised asset buy, say sources; Hess Guyana makes up 70% of Chevron's $53 bln bid, say analysts ...

An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil riches in Guyana, four people familiar with the matter said.