Hess-Chevron Merger Hits Snag

Lekha Gupta | June 21, 2024

The merger of Hess Corporation (NYSE:HES) and Chevron Corporation (NYSE:CVX) is reportedly stalled as the contract arbitration panel remains incomplete three months after the case was filed. This delay is stalling the decision on whether Exxon Mobil has a right of first refusal over Hess’ Guyana operations, reported Reuters. According to the report, the third and final […]