News

The profit of a consortium by oil producers Exxon Mobil , Hess and CNOOC in Guyana increased 64% last year to $10.4 billion, ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, ...
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 ...
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.
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 ...
This is likely to be a long legal battle over a valuable oil reserve, which is what every oil company wants. The fight ...
In 2015, 11 billion barrels of proven oil reserves were discovered off Guyana's coast, with a present value of over half a ...
Exxon Mobil is positioning for the next upcycle by focusing on low-cost, highly profitable projects, especially in Guyana.
Battle of oil titans Chevron and Exxon over Guyana oil project could impact top energy ETFs. M&A, arbitration, and activist investors add to the stakes.