News

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.
Chevron is pushing ahead with its $53 billion acquisition of Hess, preparing for integration and layoffs while awaiting an ...
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 followed an article in yesterday’s Kaieteur News concerning EMGL’s relinquishment of 20 per cent of the Stabroek Block. The release said that an area of 2,534 square kilometres has been ...
Since the implementation of the 2016 Production Sharing Agreement (PSA) governing the activities in the Stabroek Block, ...
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.
SCIENCE, Technology, Engineering, and Mathematics (STEM) education will play a crucial role in determining Guyana’s economic ...
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 ...
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 ...
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 ...