US supermajor ExxonMobil has officially relinquished 20% of the area of the prolific Stabroek block offshore Guyana.

Oil giant ExxonMobil says it will keep ramping up production in offshore Guyana despite the escalation of a territorial dispute with neighboring Venezuela, which claims that oil-rich region as its ...

ExxonMobil Corporation (XOM), the U.S. energy giant, is poised to further expand its oil operations in Guyana with a development plan for its seventh offshore project, Hammerhead, per a Reuters ...

ExxonMobil is intensifying exploration efforts in Guyana’s prolific Stabroek Block, with the drilling of two new wells — ...

As foreign investors rush to stake claims in Guyana’s petroleum sector, the United States should act now to position itself ...

ExxonMobil says it plans to explore for oil and gas in a disputed area off South America’s coast where the Venezuelan military had previously expelled two U.S. oil companies.

Hess owns 30% of the consortium, while ExxonMobil, the operator, owns 45% and Chinese company CNOOC had a 25% stake. Hess noted its “net production net from the Liza Destiny and the Liza Unity ...

As the global oil and gas industry was under-investing in the finding of new reserves in recent years, a consortium led by ExxonMobil was pouring billions into the Stabroek Block offshore Guyana.

SPRING, Texas, April 12, 2024--ExxonMobil has made a final investment decision for the Whiptail development offshore Guyana, after receiving the required government and regulatory approvals.

Guyana Exploration and Production. ExxonMobil, with a 45% stake and as the operator, partnered with CNOOC (25% stake) and Hess (30% stake), made a very large discovery of oil offshore Guyana in 2015.

Oil giant ExxonMobil says it will keep ramping up production in offshore Guyana despite the escalation of a territorial dispute with neighboring Venezuela, which claims that oil-rich region as its ...

GEORGETOWN, Guyana (AP) — Oil giant ExxonMobil says it will keep ramping up production in offshore Guyana despite the escalation of a territorial dispute with… ...