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Chevron's $53bn Hess Corp acquisition delayed due to Exxon arbitration on Guyanese oil project stake ownership until May 2025.
Chevron's $53bn acquisition of Hess Corp. faces further delay as an arbitration hearing to settle an ownership dispute with Exxon Mobil over Hess' stake in a Guyanese oil project is pushed back to May 2025.
The deal, which involves Chevron acquiring Hess' 30% stake in the project, has been under review by the US Federal Trade Commission and faced complications due to Exxon filing for arbitration in March, claiming it has a right of first refusal over Hess' stake.
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La adquisición de Chevron $53 mil millones de Hess Corp se retrasó debido al arbitraje de Exxon sobre la propiedad de la participación en el proyecto petrolero de Guyana hasta mayo de 2025.