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U.S. oil major Exxon Mobil and partners are continuing to negotiate with Guyana's government on the terms for developing a shallow-water oil block, an Exxon spokesperson said on Monday. Exxon ...
Operating and proposed projects in the Stabroek block. Esso, a subsidiary of ExxonMobil, began exploring the off-shore region in 2008. [10] In May 2015 ExxonMobil announced discovery of more than 90 metres of high-quality, oil-bearing sandstone reservoirs about 200 km off the coastline, [11] considered to be one of the largest crude oil discoveries of the past decade. [12]
The Global Super League is an international club cricket tournament, organized by Cricket West Indies. [2] The inaugural season is being held in Guyana, [3] with 5 club teams from Australia, Bangladesh, England, Pakistan and the West Indies, with teams invited from the domestic competitions Twenty20 Big Bash, Bangladesh Premier League, T20 Blast, Pakistan Super League and Caribbean Premier ...
The announcement came a day a day after Maduro got the victory he sought in a weekend referendum on whether to claim sovereignty over the region. ... gas and mines in Guyana's Essequibo region, a ...
Representatives of both Venezuela and Guyana asked in a hearing held at the ICJ in mid-November 2023 that the Court recognise their sovereignty over the Essequibo. Guyana also requested that the referendum be repealed, alleging that Venezuela intended to annex the territory, a request that the Venezuelan government rejected. [38]
An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil riches in Guyana, four people familiar with the matter said.
With 215,000 square kilometres (83,000 sq mi), Guyana is the fourth-smallest country on mainland South America after Uruguay, Suriname and French Guiana. The main economic activities in Guyana are agriculture (production of rice and Demerara sugar ), bauxite mining, gold mining, timber, shrimp fishing and minerals.
Exxon’s $60 billion deal to buy Pioneer and Chevron’s $53 billion tie up with Hess sends a clear message to investors — the world may be shifting to clean energy but big oil is doubling down ...