Chevron-Hess Tie Up Could Drag Until Next Year Courtesy of Exxon
Chevron’s acquisition of Guyana superstar Hess could be delayed until next year thanks to Exxon Mobil’s arbitration case
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Chevron’s acquisition of Guyana superstar Hess could be delayed until next year thanks to Exxon Mobil’s arbitration case
Tibet post International
The Hong Kong stock market has tracked higher in three straight sessions, advancing more than 400 points or 2.4 percent along the way. The Hang Seng Index now sits just beneath the 17,140-point plateau although investors figure to cash in on Thursday.
Asian equities were mixed overnight following a rough day in US stocks, which fell due to hot US inflation, providing further reinforcement to the higher-for-longer narrative.
Analyst remains optimistic that Chevron will prevail in the arbitration against Exxon Mobil and CNOOC in Guyana.