XOM and partners raked in $10.4B from Guyana in 2024 as output rose and the basin tightened under their control.

An oil-producing consortium in Guyana comprising Exxon Mobil , Hess and CNOOC posted a 64% surge in 2024 profit to $10.4 ...

A burst of gunfire shattered the stillness along the Cuyuní River when soldiers from the Guyana Defense Force came under ...

Exxon Mobil said its oil-producing consortium in Guyana with partners Hess and CNOOC posted a 64% surge in FY 2024 profit to ...

XOM and CVX battle in arbitration over Hess' stake in Guyana's oil-rich Stabroek Block, with 11B barrels and industry ...

Dispute over stake in Hess’s Stabroek oilfield has implications for joint operating agreements between companies ...

Two of the world’s biggest oil companies, Exxon Mobil ( NYSE: XOM) and Chevron ( NYSE: CVX ), are locked in a tense dispute ...

ExxonMobil Guyana, which is GY$700 billion “in the red”, might have to fork out more money to pay increased risk insurance ...

The feud has chilled the relationship between their CEOs. It comes to a head when arbitration starts Monday.

The area is currently administered by Guyana and claimed by Venezuela in a long-standing dispute being mediated by the ...

This week, a private arbitration panel in London began hearing the arguments of U.S. supermajors ExxonMobil and Chevron regarding their rights to one of the world’s most lucrative oil projects.