News

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 ...
XOM and CVX battle in arbitration over Hess' stake in Guyana's oil-rich Stabroek Block, with 11B barrels and industry ...
The area is currently administered by Guyana and claimed by Venezuela in a long-standing dispute being mediated by the ...
EXXONMOBIL Guyana Limited (EMGL), the operator of the prolific Stabroek Block offshore Guyana, invested more than $8.6 billion in community development ...
It was revealed on Tuesday that ExxonMobil Guyana Limited (EMGL) recorded GYD$1.255 trillion in profit before tax in 2024, ...
Exxon Mobil (NYSE:XOM) said Tuesday its oil-producing consortium in Guyana with partners Hess (HES) and CNOOC (OTCPK:CEOHF) ...
Dispute over stake in Hess’s Stabroek oilfield has implications for joint operating agreements between companies ...
EXXONMOBIL Guyana and its contractors have set a new benchmark for local economic impact, injecting over GY$170 billion into the economy through Guyanese ...
The feud has chilled the relationship between their CEOs. It comes to a head when arbitration starts Monday.
Though ExxonMobil believes it will win its Guyana-related arbitration against Chevron and Hess, it will be “business as usual ...