Chevron, Exxon in dispute over Hess stake in Guyana oil block

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Open this photo in gallery: A man passes by Exxon Mobil's headquarters in Georgetown, Guyana, on June 29, 2023.STAFF/Reuters Exxon Mobil Corp XOM-N said on Monday it may pre-empt Chevron Corp’s CVX-N acquisition of a 30 per cent stake in a giant Guyana oil block, the centrepiece of its deal for Hess Corp HES-N. The companies are in talks on Exxon’s claim it has a right to first refusal of any sale of the Stabroek block, a giant field off the coast of Guyana that contains at least 11 billion barrels of oil. The dispute between the top U.S. oil...