Exxon CEO says dispute with Chevron over Hess Guyana oil assets could drag into 2025
Publishing timestamp: 2024-05-06 13:45:21
Summary
Exxon CEO Darren Woods said dispute with Chevron over Hess Corporation's oil assets in Guyana likely will not be resolved until 2025. Exxon is claiming right of first refusal on Hess' assets in Guyana under joint operating agreement, while Chevron has rejected Exxon's claims. The arbitration court will ultimately decide the timeline of proceedings.
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