As Trump attempts to convince the oil industry to invest in Venezuela, ExxonMobil has shown hesitance to take the offer. The ...

Name of the Project Stabroek block development – Hammerhead project. Location Off the shore of Guyana. Project Owner/s ...

Chevron has completed its $53 billion acquisition of Hess, after prevailing against Exxon Mobil in a legal dispute over offshore oil assets in the South American nation of Guyana. The ruling by the ...

Guyana, home to the world’s biggest oil discovery in decades, appears to be an early beneficiary of US President Donald Trump’s ouster of Venezuelan strongman Nicolas Maduro.

Event driven interest in Exxon Mobil Recent headlines around Exxon Mobil (XOM) center on two fronts: its role in Venezuela ...

Yellowtail brings Guyana’s total installed capacity to above 900,000 barrels of oil per day (bopd) Largest Guyana development to date with an initial annual average production of 250,000 bopd Startup ...

Exxon Mobil on Friday started production months ahead of schedule at its fourth and newest floating development in the coveted and contested Stabroek block in the waters off Guyana. The production ...

Guyana has emerged as a significant oil-producing nation due to major discoveries by ExxonMobil in the offshore Stabroek Block, positioning it to become a top global oil producer. ExxonMobil, with a ...