The profit of a consortium by oil producers Exxon Mobil , Hess and CNOOC in Guyana increased 64% last year to $10.4 billion, ...

Exxon Mobil said its oil-producing consortium in Guyana with partners Hess and CNOOC posted a 64% surge in FY 2024 profit to ...

ExxonMobil Guyana Limited (EMGL) has released its 2024 financial results, showing a massive profit of almost GY$1 trillion as oil production continues to rise ...

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Though ExxonMobil believes it will win its Guyana-related arbitration against Chevron and Hess, it will be “business as usual ...

This week, a private arbitration panel in London began hearing the arguments of U.S. supermajors ExxonMobil and Chevron regarding their rights to one of the world’s most lucrative oil projects.

CVX to lay off nearly 200 Texas workers in July as part of a global workforce cut of up to 20% by 2026, to reduce costs and ...

A series of cross-border attacks on Guyanese troops, including three on May 15, points to a potential Venezuelan strategy of ...

Exxon Mobil (NYSE:XOM) edged lower despite senior VP Neil Chapman declaring the company the favorite in a $1 trillion ...

In 2015, 11 billion barrels of proven oil reserves were discovered off Guyana's coast, with a present value of over half a ...

This is likely to be a long legal battle over a valuable oil reserve, which is what every oil company wants. The fight ...

Exxon Mobil is positioning for the next upcycle by focusing on low-cost, highly profitable projects, especially in Guyana.