The feud has chilled the relationship between their CEOs. It comes to a head when arbitration starts Monday.

Chevron's acquisition of Hess would add this major oil field in Guyana as well ... oil giants including Exxon Mobil, China’s CNOOC, and Hess squared off in a heated competition for highly ...

Their competition isn't always friendly ... lucrative stake in the Stabroek block offshore Guyana. If Exxon wins, it will likely prevent Chevron from buying Hess and could end up adding to ...

This is likely to be a long legal battle over a valuable oil reserve, which is what every oil company wants. The fight ...

Chevron could likely pay an additional premium to take Hess' Guyana asset away from Exxon ... the potential biggest winner in this competition: Exxon's short interest dropped by 65.2% over ...

The proposed deal amps up competition between Chevron, the No. 2 US oil and gas producer, and Exxon, its larger rival. It also makes Chevron a partner with Exxon in Guyana’s booming oilfields ...

Chevron warned investors Monday that Exxon and China National Offshore Oil Corp. are claiming a preemptive right to purchase Hess' stake in Guyana's offshore oil assets under a joint operating ...

Chevron said Monday it will buy Hess Corp. for $53 billion, marking the second major oil deal this month as major producers seize the initiative while oil prices surge. The Chevron-Hess deal comes ...

Exxon's position is that the right of first refusal is triggered by a change of control in Guyana and that Chevron structured the deal in a way to bypass it, people familiar with the arguments ...

Guyana is at the center of competition between these two companies as Exxon Mobil has outperformed Chevron in production growth while achieving record production in Guyana. Chevron has also faced ...

Exxon's position is that the right of first refusal is triggered by a change of control in Guyana and that Chevron structured the deal in a way to bypass it, people familiar with the arguments ...