04:59 PM EDT, 03/18/2024 (MT Newswires) -- Exxon Mobil ( XOM ) is open to talk with Chevron ( CVX ) over its proposed takeover of Hess (HES) and Exxon's claims that it has the right of first refusal over Hess' 30% stake in the Stabroek oilfield offshore Guyana, Exxon chief Darren Woods told Bloomberg.

"The channels for dialog remain open," Woods said in an interview with Bloomberg. Exxon filed for arbitration with the International Chamber of Commerce on March 6 to assert its claim to Hess' minority stake. "We're trying to preserve the rights we have for the Guyana asset that we've developed."

Representatives for either company did not immediately return request for comment and additional information by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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