By bne IntelliNews The arbitrators in a legal dispute between ExxonMobil and Hess have reportedly reached a decision. Citing ...

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

The country accounts for nearly half of all such units in operation worldwide, thanks in most part to the strong and steady ...

US supermajor ExxonMobil has officially relinquished 20% of the area of the prolific Stabroek block offshore Guyana.

Hess relinquished the block to state-owned Staatsolie, following the withdrawal and transfer of participation stakes by ...

This abundance of high-quality discoveries in the Stabroek Block indicates that the Guyana Suriname Basin’s petroleum potential far exceeds the volumes calculated by the US Geological Survey, USGS.

Following a recent article published in the media concerning the 20% relinquishment of the Stabroek Block by the operator, ...

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

Exxon Mobil Corporation XOM is set to enhance natural gas production and supply in Guyana with a large-scale project following the government's call for increased gas resources to support onshore ...

The release said that an area of 2,534 square kilometres has been relinquished to Guyana as agreed upon between the Government of Guyana and the Stabroek Block operator.

ExxonMobil Guyana and its Stabroek Block co-venturers, Hess and CNOOC, yesterday announced they had extracted 500 million barrels of oil from Guyana’s offshore Stabroek block and that plans were ...

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 ...