Despite uncertainties over ExxonMobil arbitration, Hess shareholders greenlight merger with Chevron

Hess shareholders May 28 voted to approve a $53 billion acquisition of the large independent upstream oil and gas producer by Chevron, even as uncertainties posed by an arbitration dispute from ExxonMobil over Hess’ Guyana stake continue. After a special shareholder meeting, Hess said in a statement it had received the “necessary approval” from a ...