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ANALYSIS-Exxon's curveball move in Guyana alters Chevron-Hess deal prospects

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices. ....

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Exxon Looking To "Extract A Pound Of Flesh" From Chevron's Proposed Takeover Of Hess

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

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Analysis-Exxon's Curveball Move in Guyana Alters Chevron-Hess Deal Prospects

Analysis-Exxon's Curveball Move in Guyana Alters Chevron-Hess Deal Prospects
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United States , Demerara Mahaica , City Of , United Kingdom , Peter Henderson , Ron Bousso , Bharrat Jagdeo , John Hess , Sabrina Valle , Stewart Glickman , Rob Thummel , Exxon Mobil Corp , Exxon Mobil , South American , Vice President Bharrat Jagdeo , Tortoise Capital , Smead Capital Management , Jamie Freed ,

Analysis:Exxon's curveball move in Guyana alters Chevron-Hess deal prospects

HOUSTON : Exxon Mobil's surprise challenge to Chevron's acquisition of Hess through a dispute over a stake in a major Guyana oil field could prove fruitful for the U.S. oil giant, even if it does not end up enlarging its holdings in the South American country.Exxon said on Monday it may exercise pre-empti ....

Demerara Mahaica , United States , Bharrat Jagdeo , John Hess , Stewart Glickman , Rob Thummel , Exxon Mobil , South American , Vice President Bharrat Jagdeo , Tortoise Capital , Smead Capital Management ,

Analysis-Exxon's curveball move in Guyana alters Chevron-Hess deal prospects

Exxon Mobil's surprise challenge to Chevron's acquisition of Hess through a dispute over a stake in a major Guyana oil field could prove fruitful for the U.S. oil giant, even if it does not end up enlarging its holdings in the South American country. Exxon said on Monday it may exercise pre-emptive rights that could block Chevron from acquiring a 30% stake in a giant Guyana oil block, the centerpiece of its rival's $53 billion deal to buy Hess. The largest U.S. oil producer's aim could be to get Chevron to raise its commitments to the capital-intensive Stabroek block, which contains at least 11 billion barrels of oil, or to make some other concession elsewhere, analysts and investors said. ....

United States , City Of , United Kingdom , Demerara Mahaica , Stewart Glickman , Rob Thummel , John Hess , Ron Bousso , Bharrat Jagdeo , Sabrina Valle , Peter Henderson , Exxon Mobil , South American , Vice President Bharrat Jagdeo , Tortoise Capital , Smead Capital Management , Jamie Freed , Exxon Mobil , John Hess ,