Page 2 - Stabroek News Today

(CTN News) - On Tuesday, Hess Corporation shareholders, an oil corporation headquartered in New York, authorized Chevron's.................

Hess shareholders on Tuesday approved the proposed $53 billion merger with Chevron that paves the way for the No. 2 U.S. oil company to gain a prize asset and a foothold in rival Exxon Mobils massive Guyana discoveries.

-PM sees negligence by town council Heavy rain over the last two days has swamped large parts of Region 10 and sections of Region Nine and Five and the

On Tuesday, shareholders of Hess Corporation approved the proposed $53 billion merger with Chevron Corporation, paving the way for the second-largest US oil corporation to acquire crucial assets and have a position in Exxon Mobil's enormous Guyana finds.

Hess shareholders approved Chevrons $53 billion all-stock acquisition proposal, but the deal still faces challenges due to Exxons arbitration claim over right of first refusal for Hesss stake in a key Guyana oil field.

Hess survived a stockholder ballot on its embattled $60 billion acquisition by Chevron.

The announcement follows Hess shareholders' approval of a takeover by Chevron

In his introduction to his most recent press conference, Vice President Bharrat Jagdeo conceded that he had difficulty in preparing for it because of the paucity of comments and criticisms in the public domain, including from the Opposition.

ExxonMobil Guyana Limited (EMGL) often touts its capacity to take care of an oil spill in the event such a disaster occurs in the 26,800 square kilometers Stabroek Block. The company, whenever faced with questions about the cost of an oil spill, previously assured that it will not walk away from the country but will handle associated cleanup and compensation.

Dear Editor, On Thursday, May 26, 1966, British Guiana became Guyana as Britain officially ended its centuries of colonial rule over our indigenous