Page 25 - Stabroek News Today

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Chevron warned Monday that its pending $53 billion acquisition of Hess may be in jeopardy because it will require the approval of Exxon Mobil and a Chinese national oil company, which both hold rights to development of an oil field off the coast of the South American nation Guyana. The disclosure in a filing with the Securities and Exchange Commission raised investor qualms, depressing shares of both Chevron and Hess. Chevron's stock price fell 3% Tuesday morning before rebounding; Hess sto...

Chevron warned Monday that its pending $53 billion acquisition of Hess may be in jeopardy because it will require the approval of Exxon Mobil and a Chinese national oil company, which both hold...

Chevron warned Monday that its pending $53 billion acquisition of Hess, another oil and gas company, may be in jeopardy because it will require the approval of Exxon Mobil and a Chinese national oil company, which both hold rights to development of an oil field off the coast of the South American nation Guyana

Chevron warned Monday that its pending $53 billion acquisition of Hess may be in jeopardy because it will require the approval of Exxon Mobil and a Chinese national oil company, which both hold rights to development of an oil field off the coast of the South American nation Guyana. The disclosure in a filing with the Securities and Exchange Commission raised investor qualms, depressing shares of both Chevron and Hess. Chevron's stock price fell 3% Tuesday morning before rebounding; Hess s...

NEW YORK CITY: Chevron disclosed on Monday that its proposed $53-billion acquisition of fellow American firm Hess could be at risk if the control of a key oil asset is successfully challenged by rival petroleum giants.

Chevron warned Monday that its pending $53 billion acquisition of Hess, another oil and gas company, may be in jeopardy because it will require the approval of Exxon Mobil and

This week, Esgian reports in its Week 8 Rig Analytics Market Roundup that offshore drilling contractors have expressed their…

Guyana is open to changing its oil-contract terms to secure investment in the country, but will not alter the royalties or other fiscal terms, Vice President Bharrat Jagdeo said at the conclusion of...

An ExxonMobil-led consortium is considering its first offshore natural gas production in Guyana, close to the country's maritime border with Suriname…