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Chevron

Chevron has $60 billion riding on 11 words detailing a big dispute with Exxon

Quartz

qz.com › chevron-hess-exxon-guyana-stabroek-1851384013

In October, Chevron said it would be buying Hess in a deal worth $60 billion. One of the crown jewels of the acquisition is Hess’s share in “the Stabroek block in Guyana,” a massive, 11 billion-barrel oil discovery in the Caribbean, which Chevron flaunted as “an extraordinary asset with industry leading cash margins…

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