US-based oil and gas company Hess has announced its decision to relinquish its interest in Block 59 offshore Suriname. The ...

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

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

Chevron is pushing ahead with its $53 billion acquisition of Hess, preparing for integration and layoffs while awaiting an ...

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

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 ...

Chevron Corporation CVX is on the cusp of a transformative opportunity as the arbitrators handling the dispute between Exxon Mobil Corporation XOM and Hess Corporation HES over its planned $53 billion ...

Most findings have been at Exxon's prolific Stabroek block, where oil production was inaugurated in 2019. The 6.6 million acre (26,000 square km) block is expected to generate up to 1.2 million ...

Stabroek Block 2016 PSA Agreement was a Coalition copy of the PPP/C’s 1999 Contract and does not preclude our prerogative to ringfencing. By Stabroek News. June 14, 2025. Dear Editor, ...

Tag: Stabroek Block. Thursday, November 10th 2022 - 10:30 UTC Guyana becoming the world's most exciting oil frontier: with a million bpd by 2030. No end to surprises from offshore Guyana and an ...

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 ...