When Chevron announced it had struck a deal to acquire Hess Corp. for $53 billion last year, it was seen as yet another move by a supermajor to secure future oil supply at reasonable production cost. Just how important securing this supply is not only for Chevron but for its peers became clear last week, when Exxon surprised many with the warning that it could make the deal meaningless by exercising a right of first refusal stipulation in its Guyana partnership with Hess Corp. Without Guyana, Chevron has signaled, there would be little…
Hence then, the article about exxon guyana slap at chevron highlights supply security importance was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Exxon Guyana Slap at Chevron Highlights Supply Security Importance )