Tag: refusal

ExxonMobil’s (XOM) Right of Refusal Halts Chevron-Hess Deal

Exxon Mobil Corporation’s XOM ongoing arbitration over its right of first refusal concerning Hess Corporation’s HES Guyana operations has put a significant hold on Chevron’s CVX $53-billion acquisition of Hess. This delay has stalled a decision on whether ExxonMobil has a right of first refusal over Hess’ lucrative Guyana operations. The arbitration panel, tasked with […]

Brazil judge opens inquiry to Musk after refusal to block accounts on X

(Deletes extraneous word in paragraph 5) By Anthony Boadle BRASILIA (Reuters) -A standoff between Elon Musk and Brazil escalated on Sunday when a Supreme Court judge opened an inquiry into the billionaire after Musk said he would reactivate accounts on the social media platform X that the judge had ordered blocked. Musk, the owner of […]