Hess
Hess Corporation is a leading global independent energy company engaged in the exploration and production of crude oil and natural gas, as well as the marketing of refined petroleum products. The company is known for its significant operations in the Stabroek block off the coast of Guyana, a region that has become pivotal due to recent major oil discoveries. Hess is currently in the news due to its planned acquisition by Chevron, which has been delayed due to arbitration disputes with Exxon Mobil over rights related to Hess's stake in the lucrative oil field.
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Guyana:
Hess is the oil producer that Chevron plans to acquire, which has led to a dispute with Exxon.
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