News

Chevron is pushing ahead with its $53 billion acquisition of Hess, preparing for integration and layoffs while awaiting an ...
Chevron is laying the groundwork to swiftly close its planned acquisition of smaller oil producer Hess , according to two ...
Every Man, Woman and Child in Guyana Must Become Oil-Minded – Column 162 Introduction Columns 159 – 161 examined the individual income statements of each Stabroek Block contractor in detail.
ExxonMobil is intensifying exploration efforts in Guyana’s prolific Stabroek Block, with the drilling of two new wells — Hamlet-1 and Lukanani-2 — as it seeks to expand on the more than 11 ...
As I previously observed it is the case that while Guyana’s first discovery was on May 2015, this was preceded by 45 unsuccessful wells drilled over five decades. And, from May 2015, to the end ...
ExxonMobil operates the Stabroek block with a 45% stake and has already discovered more than 11 billion barrels of oil equivalent in recoverable resources in the play.
The shale boom made the US the world’s top oil producer in recent years, ahead of Saudi Arabia and Russia. But with many of ...
THE Government of Guyana has officially confirmed the completion of the 20 per cent relinquishment of the Stabroek Block by operator ExxonMobil Guyana Limited (EMGL), in accordance with the legal ...
ExxonMobil Guyana has handed back 2,534 square kilometers of the Stabroek Block, the Ministry of Natural Resources said Wednesday night. Demerara Waves Online News was told that the relinquished ...
Located in what is now called the Stabroek Block—a 6.6 million-acre oil and gas block in the Guyana-Suriname basin—it was one of the largest finds of the last decade and is currently worth ...
The first crude cargo from Guyana's fourth oil production facility, which arrived in the country in April and is being installed, is set to be exported between late August and early September, the ...