Hess, Guyana, and the Arbitration Win

The single most important business story at Chevron in 2025-2026 is the $53 billion Hess acquisition — not just the deal, but the 17-month arbitration battle against ExxonMobil that nearly killed it. Understanding this story tells the candidate everything about Chevron's strategic patience, legal/contract discipline, and how it now plans to make Guyana — 11.6 billion barrels of recoverable resource — its single largest growth engine.