Hess Corp. expressed confidence in prevailing in arbitration brought by Exxon Mobil Corp. over a massive oil project that’s key to the $53 billion Chevron Corp. takeover.
Exxon’s claim of right-of-first-refusal to Hess’ 30% stake in Guyana’s Stabroek block is “baseless” and “without merit,” CEO John Hess said at a Goldman Sachs Group Inc. conference Jan. 7.
Hess Corp. expressed confidence in prevailing in arbitration brought by Exxon Mobil Corp. over a massive oil project that’s key to the $53 billion Chevron Corp. takeover. Exxon’s claim of ...
HOUSTON, Jan 7 (Reuters) - Hess (HES.N), opens new tab CEO John Hess said on Tuesday he sees the oil market as closer to being balanced than oversupplied this year, despite worries about demand ...