Secret contract clause ignited a 20-month war between two global oil giants

A single line buried in an old contract kicked off a 20-month battle between ExxonMobil and Chevron over control of Guyana’s Stabroek Block, the biggest offshore oil discovery in years. The confidential clause, signed more than ten years ago, became Exxon’s legal weapon in an arbitration case that nearly collapsed Chevron’s $53 billion acquisition of […] source: https://www.cryptopolitan.com/20-month-war-between-two-global-oil-giants/