The CEO of Exxon says that the company is not trying to acquire Hess in the dispute with Chevron

Exxon is not trying to acquire Hess in dispute with Chevron over Guyana oil assets, CEO says. Darren Woods said acquiring Hess is not one of Exxon's objectives in the dispute. Exxon CEO Darren Woods: Acquiting Hess not a priority in dispute between Exxon and Chevron.

Exxon is not trying to acquire Hess in dispute with Chevron over Guyana oil assets, CEO says. Darren Woods said acquiring Hess is not one of Exxon's objectives in the dispute. Exxon CEO Darren Woods: Acquiting Hess not a priority in dispute between Exxon and Chevron.

Exxon filed for arbitration to defend what the oil major views as its right to make a counter offer for Hess' Guyana assets under a joint operating agreement. Exxon says it's right to counter offer under the agreement. Hess says it is reviewing timeline for Chevron deal closing after Exxon escalates Guyana dispute.

Exxon filed for arbitration to defend what the oil major views as its right to make a counter offer for Hess' Guyana assets under a joint operating agreement. Exxon says it's right to counter offer under the agreement. Hess says it is reviewing timeline for Chevron deal closing after Exxon escalates Guyana dispute.

Exxon filed for arbitration at the International Chamber of Commerce in Paris Wednesday to adjudicate the dispute with Chevron over Hess' Guyana assets. Exxon could make a bid for Hess' oil assets in Guyana if the Chevron deal terminates. Exxon filed the arbitration in Paris on Wednesday.

Chevron warned investors that Exxon and Cnooc are claiming a right to purchase Hess's stake in Guyana's offshore oil assets under a joint operating agreement. Exxon Mobil and CNOoc claim to be able to buy Hess's share of Guyana oil under the agreement. Hess shares drop as fight with Exxon Mobil threatens takeover.