An Exxon Mobil-led oil consortium has returned 2,534 square kilometers of the Stabroek Block in Guyana back to the government ...

The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project ...

The International Chamber of Commerce in Paris is currently reviewing the decision before releasing it to the involved ...

Exxon Mobil, leading an oil consortium, has returned a portion of Guyana's Stabroek Block to the government. This move is ...

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THE Government of Guyana has officially confirmed the completion of the 20 per cent relinquishment of the Stabroek Block by operator ExxonMobil Guyana Limited ...

The outcome of a key arbitration case between Exxon Mobil (NYSE:XOM) and Hess Corp (NYSE:HES) could determine the fate of ...

Arbitrators have reached a decision in the high-stakes dispute between Exxon and Hess over Chevron’s planned acquisition, but ...

These endowed Exxon, which holds a 45% working interest in the Stabroek Block, and its partners, Hess owning 35% and CNOOC 25%, over 11 billion barrels of recoverable oil resources.

Pluma was ExxonMobil’s 10th oil discovery in the Stabroek Block. The Pluma-1 well was drilled in a new reservoir, encountering approximately 121 feet (37 metres) of high-quality hydrocarbon ...

ExxonMobil Guyana plans to increase output from its Stabroek block offshore Guyana by 18,000 barrels per day (bpd) once it has completed risk assessments and received approval from local ...

This followed an article in yesterday’s Kaieteur News concerning EMGL’s relinquishment of 20 per cent of the Stabroek Block. The release said that an area of 2,534 square kilometres has been ...