News

Chevron is laying the groundwork to swiftly close its planned acquisition of smaller oil producer Hess , according to two ...
Chevron is pushing ahead with its $53 billion acquisition of Hess, preparing for integration and layoffs while awaiting an ...
CVX nears a decisive moment as arbitrators take final decision on its $53 billion Hess deal and entry into Guyana's top-tier ...
US supermajor ExxonMobil has officially relinquished 20% of the area of the prolific Stabroek block offshore Guyana.
An Exxon Mobil-led oil consortium has returned 2,534 square kilometers of the Stabroek Block in Guyana back to the government ...
The closing of the acquisition has been delayed due to arbitration claims from Exxon and CNOOC, the other minority partner in ...
The International Chamber of Commerce in Paris is currently reviewing the decision before releasing it to the involved ...
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 ...
Since the implementation of the 2016 Production Sharing Agreement (PSA) governing the activities in the Stabroek Block, ...
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 ...
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, ...