Chevron successfully won a legal battle against Exxon Mobil over access to Guyana oil assets, allowing Chevron to proceed with its $53 billion acquisition of Hess. This victory is crucial for CEO Mike Wirth's strategy, as Hess's stake in the Stabroek Block holds over 11 billion barrels of oil. The outcome marks a significant milestone in the energy sector, with Chevron's stock rising and Hess's shares surging. Exxon Mobil expressed disagreement with the arbitration decision but acknowledged the process.