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 ...
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 ...
Exxon Mobil (NYSE:XOM) said Tuesday its oil-producing consortium in Guyana with partners Hess (HES) and CNOOC (OTCPK:CEOHF) ...
EXXONMOBIL Guyana Limited (EMGL), the operator of the prolific Stabroek Block offshore Guyana, invested more than $8.6 billion in community development ...
Dispute over stake in Hess’s Stabroek oilfield has implications for joint operating agreements between companies ...
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 ...
While speaking at a Bernstein conference, Chapman said he was confident that a three-member arbitration panel would rule in ...
Exxon Mobil (NYSE:XOM) said Tuesday its oil-producing consortium in Guyana with partners Hess (HES) and CNOOC (OTCPK:CEOHF) posted a 64% surge in FY 2024 profit to $10.4B. The group's expenses in ...