Chevron’s Proposed Deal for Hess Faces New Delay Over Arbitration Schedule

Chevron Corp. N>’s proposed purchase of oil producer Hess faces a lengthy new delay, with an arbitration panel not expected to holding a hearing on the merits of the case until May 2025, the company said on Wednesday. Exxon Mobil in March filed an arbitration claim seeking a pre-emption right to be able to buy Hess’s … Read more