U.S. oil giants fight over Guyana’s 11-billion barrel treasure trove
Oil & Gas 360º
MAY 28, 2025
(Oil Price) –This week, a private arbitration panel in London began hearing the arguments of U.S. supermajors ExxonMobil and Chevron regarding their rights to one of the worlds most lucrative oil projects. In 2023, ExxonMobil, Hess, and CNOOC booked a combined $6.33 Hess Corp, and CNOOC of China. Gulf of Mexico.
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