Arbitrators in Exxon, Hess dispute over Chevron deal have reached a decision, sources say
- Posted on July 4, 2025
- By Yahoo News
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Arbitrators in Exxon, Hess dispute over Chevron deal have reached a decision, sources say
HOUSTON (Reuters) -The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project in Guyana, according to two sources familiar with the matter. The ruling will determine whether Chevron can move forward with its $53 billion planned acquisition of Hess. The Paris-based International Chamber of Commerce, which is overseeing the arbitration case, is now reviewing the decision before it is released to the parties.