Page 28 - Cnooc News Today

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Asian equities were largely higher overnight, as Mainland China and Hong Kong outperformed while South Korea and Taiwan underperformed.

Chevron warned investors that Exxon and Cnooc are claiming a right to purchase Hess's stake in Guyana's offshore oil assets under a joint operating agreement.

Chevron warned it may not complete its planned buyout of Hess as Exxon Mobil and the China National Offshore Oil Corporation are saying the planned deal...

A story published at the Wall Street Journal late Monday characterizes Chevron’s proposed buyout of Houston-based Hess Corp. as being "in jeopardy."

ExxonMobil and CNOOC are considering exercising their rights to acquire Hess's stake in the Stabroek block offshore Guyana. 

If the deal falls through, it would be a setback to Chevron, which has recently underperformed rivals and was hoping to get a boost from Hess’s 30% stake in...

The platform will start operating in September and has the capacity to produce up to 180,000 barrels per day (bpd) of oil.

Chevron warned investors that Exxon and Cnooc are claiming a right to purchase Hess’s stake in Guyana’s offshore oil assets under a joint operating...

Chevron is adamant there’s “no possible scenario” in which Exxon or Cnooc could buy the stake and said in a statement that it remains fully committed to the Hess deal. But Exxon said it has a duty to its shareholders to explore the right of first refusal over the change of ownership of the Hess stake.