Chevron’s imminent entry into Guyana’s rich offshore oilfields solves one of the biggest problems dogging the U.S. major: where its growth will come from beyond the next few years. On Friday, the U.S.

Chevron’s $53 billion acquisition of Hess gives it a major stake in Guyana’s booming Stabroek oil block, reshaping its global oil strategy amid production challenges.

Chevron struck the deal to acquire Hess in October 2023. Exxon tried to block the move last year, saying it had a right of first refusal to buy Hess’ Guyana assets because of its joint operating ...

Chevron Corporation (NYSE: CVX) announced earlier this month the completion of its acquisition of Hess Corporation (NYSE: HES ...

Chevron completed its $53 billion acquisition of Hess after all legal hurdles were cleared, including the company's vast oil fields off the coast of Guyana.

Chevron Corp. (NYSE: CVX) on Friday closed its $53 billion purchase of Hess Corp., winning a protracted legal fight with ...

Chevron has secured its $53 billion acquisition of Hess, defeating Exxon in its yearslong attempt to block the deal and gaining control of an oilfield of major geopolitical importance. The oil major ...

The International Chamber of Commerce ruled in Chevron's favor in a dispute with Exxon over Hess' Guyana oil assets. Chevron's victory clears the way for its $53 billion acquisition of Hess to close.

Chevron has prevailed against Exxon Mobil in a dispute over Hess Corporation's offshore oil assets in the South American nation of Guyana, Exxon CEO Darren Woods told CNBC's Becky Quick on Friday.