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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 ...
Exxon (XOM) hits another dry hole at the Bulletwood-1 well in the Canje Block offshore Guyana, which identified the presence of quality reservoirs and not commercial hydrocarbons.
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.
By 2023, BBC News reported that Guyana had discovered 11 billion barrels worth of oil reserves. [33] Guyanese Natural Resources Minister Rafael Trotman admitted that ExxonMobil had financially backed Guyana for legal disputes, [ 34 ] in addition to a "non-disclosed signing bonus" paid by ExxonMobil according to then president David Granger.
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ExxonMobil (XOM) plans to produce 380,000 Boe/d by the year-end, about 40,000 more than its initial 2022 target. ExxonMobil (XOM) in Doubt to Submit Bids for Guyana Assets Skip to main content
Guyana–Venezuela territorial dispute. Guyana says that it will resort to the United Nations to deter Venezuela from unilaterally appointing a governor for the Essequibo, a region under Guyanese control but claimed by Venezuela. Law and crime. International Criminal Court arrest warrants for Israeli leaders