Chevron Corp. has completed its $53 billion acquisition of Hess Corp. following a decisive legal victory over Exxon Mobil in a high-stakes dispute concerning oil rights in Guyana. The ruling by the ...

Chevron has successfully mediated a dispute over oil assets in Guyana against Exxon. The resolution paves the way for Chevron's strategic acquisition of Hess, strengthening its foothold in the region ...

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

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 ...