Chevron Purchases Hess in $53 Billion Oil Megadeal

Bloomberg Television published this video item, entitled “Chevron Purchases Hess in $53 Billion Oil Megadeal” – below is their description.

Amrita Sen, co-founder and head of research at Energy Aspects, examines Chevron Corp.’s $53 billion deal to purchase Hess Corp. and calls Guyana oil production “the most promising non-OPEC supply prospect.” She speaks on “Bloomberg Surveillance.”

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In This Story: Guyana

Guyana, officially the Co‑operative Republic of Guyana, is a country on South America’s North Atlantic coast, is defined by its dense rainforest.

Its capital, Georgetown, is known for British colonial architecture, including tall, painted-timber St. George’s Anglican Cathedral. A large clock marks the facade of Stabroek Market, a source of local produce.

Guyana is the only South American nation in which English is the official language. The majority of the population, however, speak Guyanese Creole, an English-based creole language, as a first language. Guyana is part of the Anglophone Caribbean.

It gained independence in 1966, and officially became a republic within the Commonwealth of Nations in 1970.

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