Exxon Sees ‘Business as Usual’ in Guyana If It Loses Arbitration

May 29, 2025, 12:55 PM UTC

Exxon Mobil Corp. said it will be “business as usual” in its massive Guyana oil field if it loses its arbitration case against Chevron Corp. and Hess Corp.

Exxon remains confident it will prevail in the case over the field’s ownership at the International Chamber of Commerce, Neil Chapman, senior vice president, said at the Bernstein Strategic Decisions Conference in New York on Thursday. But there will be “no change for us” if Exxon loses, he said.

The ICC hearing ended this week and the panel of three judges is now considering its conclusions, Chapman said.

Chevron agreed ...

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