financetom
Business
financetom
/
Business
/
Arbitrators in Exxon, Hess dispute over Chevron deal have reached a decision, sources say
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Arbitrators in Exxon, Hess dispute over Chevron deal have reached a decision, sources say
Jul 3, 2025 5:31 PM

HOUSTON, July 3 (Reuters) - The arbitrators in a legal

dispute between Exxon Mobil ( XOM ) and Hess have

reached a decision related to a major oilfield project in

Guyana, according to two sources familiar with the matter, with

the ruling determining whether Chevron ( CVX ) can move forward

with its planned acquisition of Hess.

The Paris-based International Chamber of Commerce, which is

overseeing the arbitration case, is now reviewing the decision

before it is released to the parties.

It is unclear what the arbitrators decided or when the

decision will be released.

Exxon, Hess, Chevron ( CVX ) and the ICC did not immediately respond

to requests for comment.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Roku on Path to Profitability, Wedbush Says
Roku on Path to Profitability, Wedbush Says
Jun 27, 2024
11:32 AM EDT, 06/27/2024 (MT Newswires) -- Roku ( ROKU ) is on a path to profitability as it continues to expand its advertising capabilities, products and partnerships, Wedbush Securities said Thursday in a note to clients. Roku ( ROKU ) is significantly expanding its platform ad capabilities, now a full-funnel solution backed by [automatic content recognition] data available for...
CleanSpark Announces GRIID Infrastructure Takeover Deal: Digging Into The Details
CleanSpark Announces GRIID Infrastructure Takeover Deal: Digging Into The Details
Jun 27, 2024
CleanSpark Inc ( CLSK ) shares are trading higher Thursday after the company announced plans to acquire GRIID Infrastructure Inc ( GRDI ) in an all-stock transaction. What Happened: CleanSpark ( CLSK ) has entered into a definitive merger agreement to acquire all the issued and outstanding common stock of GRIID Infrastructure ( GRDI ). GRIID operates Bitcoin (CRYPTO: BTC) mining data centers in...
US regulators approve Louisiana LNG plant over climate objections
US regulators approve Louisiana LNG plant over climate objections
Jun 27, 2024
June 27 (Reuters) - Federal regulators on Thursday approved a Louisiana liquefied natural gas project that has been a lightning rod for environmental activists and a litmus test for the Biden administration's energy policies. The Federal Energy Regulatory Commission voted 2-1 to allow construction and operation of the Calcasieu Pass 2 LNG plant and a related, 85-mile-long (137 km) pipeline....
Fubo Launching App on Comcast's Platforms
Fubo Launching App on Comcast's Platforms
Jun 27, 2024
11:32 AM EDT, 06/27/2024 (MT Newswires) -- Fubo (FUBO) said it launched Thursday its app on Comcast's ( CMCSA ) platforms Xfinity Flex, Xumo Stream Box and Xumo TV. Fubo shares were rising almost 4% in recent trading, while Comcast ( CMCSA ) was down 0.5%. Price: 1.23, Change: +0.05, Percent Change: +3.81 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved