ExxonMobil (XOM.US) and Chevron (CVX.US) intensify the competition over Guyana oil - arbitration duel between intergenerational rights clauses.

Zhitong Financial APP learned that the global energy industry is currently focusing on a closed-door arbitration hearing in London - ExxonMobil (XOM.US) and Chevron (CVX.US) are two oil giants that will determine the outcome of a dispute over oil field rights in Guyana. This game involving a $53 billion acquisition not only concerns the personal relationship between the two companies' CEOs, but may also reshape the global energy landscape.