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 ...
A burst of gunfire shattered the stillness along the Cuyuní River when soldiers from the Guyana Defense Force came under ...
The area is currently administered by Guyana and claimed by Venezuela in a long-standing dispute being mediated by the ...
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 ...
America's largest oil and gas company is no dinosaur. The oil and gas stock can still be a great addition to your portfolio.
While speaking at a Bernstein conference, Chapman said he was confident that a three-member arbitration panel would rule in ...
The feud has chilled the relationship between their CEOs. It comes to a head when arbitration starts Monday.
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.
Venezuelan organized crime has taken root in the Essequibo region as Venezuela escalates claims to this Guyanese territory.
Though ExxonMobil believes it will win its Guyana-related arbitration against Chevron and Hess, it will be “business as usual ...