LNG

ExxonMobil Corp. has filed for arbitration to retain pre-emption rights in a world-class oil field offshore Guyana in the northeast tip of South America, threatening Chevron Corp.’s agreed $53 billion acquisition of New York-based oil and gas company Hess Corp.

The US state of New Mexico is on track to set record revenues from the online sale of tracts of land with oil and natural gas leases for the Permian Basin resources on its territory.