Chevron's arbitration victory over Exxon and closing of its $53B acquisition of Hess helps solve one of Chevron's biggest problems - where its growth will come from beyond the next few years ...

Arbitrators cleared the way for the long-delayed $53 billion acquisition after Exxon tried to pre-empt the deal.

Chevron closed its $55 billion acquisition of Hess on Friday after winning a landmark legal battle against larger rival Exxon Mobil to gain access to the biggest oil discovery in decades - the ...

As the dust settles from a bruising legal battle over the world’s marquee oil bonanza, the leaders of Exxon Mobil Corp. and Chevron Corp. face a new challenge: collaboration.

Chevron Corp. has prevailed in a 20-month fight to buy Hess Corp. for $53 billion, overcoming a challenge by arch rival Exxon Mobil Corp. that was unprecedented in the modern history of Big Oil.

Chevron has prevailed against Exxon Mobil in a dispute over Hess Corp.’s offshore oil assets in the South American nation of Guyana.

The other integrated energy giant, Exxon Mobil Corp. XOM, had tussled with Chevron CVX over Hess’s assets in Guyana, resulting in a stock overhang for Chevron.

(Reuters) -Exxon Mobil has lost its arbitration challenge to block Chevron's $55 billion Hess acquisition deal, but the top U.S. oil producer managed to delay the tie-up by over a year, costing ...

Chevron completed its $55 billion acquisition of Hess Friday, closing out a contentious legal dispute with Exxon Mobil over offshore oil assets in Guyana that shocked the oil industry.

Exxon Benefits From a Pyrrhic Defeat Against Chevron and Hess The oil giant’s benefit from delaying tactics means its arbitration loss matters less.

Exxon Mobil Corp. is one of the oil industry’s most litigious companies, always ready to take a rival, a government, a green campaigner or even prospective investors to court. In any dispute, its ...

Chevron Corp. won its arbitration battle with Exxon Mobil Corp. and has closed its $53-billion deal to buy Hess Corp. more than 20 months after the takeover was announced.