Browsing Tag

Hess

Hess Corp Beats Profit Expectations Thanks To Guyana Oil Surge

What’s going on here?Hess Corp has defied expectations, reporting strong third-quarter profits thanks to a surge in oil production from its operations in Guyana.What does this…
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Arbitration Panel to Decide Fate of Exxon’s Claim in Chevron-Hess Deal

Four people familiar with the matter have told Reuters that an arbitration panel that will decide a case by Exxon Mobil (NYSE:CVX) seeking to block a merger between…
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Oil, Retail and Crypto Are Hot M&A Sectors. Watch For Big Deals From These

It has been a mixed year for the mergers-and-acquisitions market so far. Overall volumes are down but certain sectors have been extremely active. That could continue into the…
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Hess Flags Possible Delay for Chevron Deal as Exxon Steps In

(Bloomberg) -- Hess Corp. signaled its $53 billion agreement to be bought by Chevron Corp. may be delayed after Exxon Mobil Corp. filed for arbitration over the deal to preserve…
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Oil’s M&A Bonanza Continues as Chord Buys More Onshore U.S. Assets

Chord Energy, a shale oil and gas producer, is buying rival Enerplus in an $11 billion deal. The merger would gives Chord more acreage and production in the Williston…
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ExxonMobil, Hess Announcements Add To Guyana’s Oil And Gas Bonanza

The Stabroek Market in Georgetown, Guyana, on Monday, Nov. 21, 2022. Since the first oil was drilled ... three years ago, Guyana's economy has become the fastest-growing in the…
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