Chevron has completed its $53 billion acquisition of Hess, after prevailing against Exxon Mobil in a legal dispute over offshore oil assets in the South American nation of Guyana.
The ruling by the International Chamber of Commerce is a huge win for Chevron, which had sought to buy Hess to gain access to the vast Guyana oil reserves.
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Chevron has completed its $53 billion acquisition of Hess, after prevailing against Exxon Mobil in a legal dispute over offshore oil assets in the South American nation of Guyana.
The ruling by the International Chamber of Commerce is a huge win for Chevron, which had sought to buy Hess to gain access to the vast Guyana oil reserves.
Read more: [https://cnb.cx/4nVFDmR](https://cnb.cx/4nVFDmR)
And the monopolies get bigger.