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Exxon's $60 billion fight with Chevron will reshape big oil

The rights to an offshore field containing 11 billion barrels of oil are at stake in an arbitration dispute

ExxonMobil, CNOOC merge Guyana arbitration claims against Chevron over Hess acquisition

The unified arbitration was approved after a March 26 application, according to a Hess letter to stockholders included in a Chevron regulatory filing on Thursday. Exxon and Beijing-based Cnooc, which own 45% and 25% of Stabroek, respectively, argue they have a right of first refusal over Hess’s stake in the block.

Exxon and CNOOC Team Up To Challenge Chevron's Guyana Oil Deal

Exxon and CNOOC have merged their arbitration claims against Chevron s takeover of Hess s stake in the prolific Stabroek oil block offshore Guyana.

Hess, ExxonMobil and CNOOC merge Stabroek arbitration proceedings

Exxon and CNOOC Team Up To Challenge Chevron's Guyana Oil Deal

ExxonMobil and China National Offshore Oil Corporation (CNOOC) have merged their arbitration claims against Chevron’s takeover of Hess&rsquo.