Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas. The company's mission is to responsibly deliver energy to the world while maintaining a commitment to sustainability and environmental stewardship. Hess Corporation's strategy focuses on high-quality resource development, operational excellence, and innovation in technology to enhance efficiency and reduce costs. With a diverse portfolio of assets in key regions, including the Bakken formation and offshore Guyana, Hess Corporation aims to drive long-term growth and create value for its shareholders while contributing to energy security.

HESS CORP

Chevron has expressed confidence that Hess Corporation will prevail in arbitration over the Stabroek block's asset sales, which is critical for Chevron's planned $53 billion acquisition of Hess. This merger, which is anticipated to finalize in 2024, faces delays due to legal disputes with partners ExxonMobil and CNOOC regarding their...

Chevron Confident in Hess Acquisition Amid Arbitration Challenges Over Stabroek Block Assets

Chevron is optimistic about Hess Corporation's prospects in the ongoing arbitration concerning the Stabroek block, a pivotal element of their $53 billion merger. As both companies navigate legal challenges, can this partnership redefine their positions in the booming Guyana oil market?