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

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

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

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

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

This expanded the Stabroek Block’s capacity to 560,000 barrels per day. After enhancements, those facilities, since January 2024, have been pumping over 600,000 barrels per day.

Exxon, Chevron, and others are increasingly eyeing South America for low-cost, low-emission production as shale basins mature ...

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 ...

The initiative followed the completion of a $1 billion pipeline last year that will transport gas produced from ExxonMobil's extensive Stabroek Block.

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

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 ...