Chevron has successfully won a legal battle against Exxon to proceed with its takeover of Hess in Guyana. The acquisition will give Chevron access to Hess’ assets in the region, including the lucrative Stabroek block. This move is expected to strengthen Chevron’s presence in the South American oil industry.

Read more at Investing.com: Chevron to proceed with Hess takeover after winning Exxon Guyana legal battle