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Chevron says arbitration hearing in Guyana will begin in May

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(Reuters) – U.S. oil company Chevron said on Wednesday that a hearing for an arbitration over Hess’ Guyana assets has been scheduled for May 2025.

Last October, Hess agreed to sell itself to Chevron for $53 billion in shares, but the deal was challenged by Exxon Mobil, which claims rights to Hess’ Guyana assets.

(Reporting by Sourasis Bose in Bengaluru; Editing by Sriraj Kalluvila)



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