Chevron won the Guyana marathon, but the next race is about to begin

US supermajor has to figure out how to maximise Guyana’s golden goose on its balance sheet

Chevron won a marathon last Friday when the ICC handed it a victory in its arbitration case with ExxonMobil and CNOOC International over Hess' stake in the Stabroek block offshore Guyana.
Chevron won a marathon last Friday when the ICC handed it a victory in its arbitration case with ExxonMobil and CNOOC International over Hess' stake in the Stabroek block offshore Guyana.Photo: RYTIS DAUKANTAS/UPSTREAM
Published 22 July 2025, 13:56Updated 23 July 2025, 08:36
ChevronExxonMobilHessCNOOC InternationalGuyana