Chevron to enter Stabroek Block in US$53b buyout of Hess – Carib Vibe Radio
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Chevron to enter Stabroek Block in US$53b buyout of Hess

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Chevron has agreed to buy Hess for US$53 billion in stock to gain a bigger US oil footprint and a stake in rival ExxonMobil’s massive Guyana discoveries in a move which will bring another US super-major to the Stabroek Block.

The article Chevron to enter Stabroek Block in US$53b buyout of Hess appeared first on Stabroek News.

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