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

Exxon Mobil's advantaged assets and growth prospects support its stock's resilience and appeal. Click here to read an ...

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

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

Hess Corporation awaits a key arbitration ruling as Guyana growth accelerates, despite limited disclosures and communication.

The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project ...

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

Oil giant ExxonMobil says it will keep ramping up production in offshore Guyana despite the escalation of a territorial dispute with neighboring Venezuela, which claims that oil-rich region as its ...

With big finds, Exxon certainly isn’t acting as if it feels any pressure from those anti-oil activists obsessed with what #Exxonknew and who want all oil and gas companies to #Keepitintheground.

When the first oil starts to flow, which ExxonMobil hopes will be in 2020, Guyana could reap billions almost immediately. By 2025, ExxonMobil wants to produce 750,000 barrels of oil per day.

ExxonMobil Corporation (XOM), the U.S. energy giant, is poised to further expand its oil operations in Guyana with a development plan for its seventh offshore project, Hammerhead, per a Reuters ...

ExxonMobil is producing about 600,000 barrels of oil a day after successfully drilling more than 40 wells off Guyana’s Essequibo region. The Exxon-Mobil consortium also submitted a bid and ...