Guyana
Chevron faces credibility crisis as Exxon plays hardball for Hess' Guyana assets
Hess signaled for the first time that the Chevron takeover deal could be delay, after Exxon filed for arbitration to preserve its rights to the massive oil discovery offshore Guyana.
M&A has been a major trend in oil and gas in recent months, including more than $190B worth of deals signed in 2023, but the theme is getting complicated as questions swirl over several pending deals, particularly Chevron's (CVX) $53B proposal to acq... [3069 chars]