Schumer Urges FTC to ‘Pump the Brakes’ on Chevron-Hess Deal

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Chevron CEO Expects Exxon Arbitration Resolved in Coming MonthsChevron Corp. expects a resolution to a dispute with Exxon Mobil Corp. over a Guyana oil contract in coming months that would allow for the completion of the $53 billion acquisition of Hess Corp. this year.
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Exxon Sees Chevron Arbitration Going Into 2025, CEO Woods SaysExxon Mobil Corp. Chief Executive Officer Darren Woods foresees arbitration with Chevron Corp. over a premier Guyanese asset stretching into 2025 due to the importance of the case to both companies.
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