Reuters: Exxon-Hess arbitration panel incomplete, Hess sale to Chevron stalled

“The market is hoping that there is a speedy settlement to the arbitration process, but has never understood properly what Exxon is trying to achieve,” said Mark Kelly, an analyst with financial firm MKP Advisors. “It is widely believed that Exxon has never communicated this to even Chevron or Hess.”

Published by and image courtesy of Reuters.