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

Chevron is laying the groundwork to swiftly close its planned acquisition of smaller oil producer Hess , according to two ...

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 ...

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

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 ...

The International Chamber of Commerce in Paris is currently reviewing the decision before releasing it to the involved ...

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

The closing of the acquisition has been delayed due to arbitration claims from Exxon and CNOOC, the other minority partner in ...

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

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 ...