AS Guyana continues to rise as an oil-producing nation, the focus must now shift towards sustained capacity building to ensure local suppliers are not only ...

Guyana currently keeps less than 15% of the oil proceeds with the Exxon's consortium keeping the rest while also paying for costs of building the country's oil infrastructure.

Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access ...

Exxon has said it sees potential for installing 10 FPSOs in its massive Stabroek oil block, which encompasses 6.6 million acres (27,000 square km) off Guyana's coast.

A consortium led by Exxon Mobil has requested environmental permits from Guyana for its eighth project, the first that will generate gas not linked to oil production, and to explore another well ...

Exxon, whose consortium produces more than 600,000 barrels per day (bpd) of oil from Guyana’s prolific Stabroek block, is working with the government of Guyana on a gas-to-energy project ...

Exxon, the largest oil company in the West, strengthened its grip on Guyana's oil riches on Wednesday as it received government approval for a third oil-drilling project, set to produce crude by 2024.

Guyana currently keeps less than 15% of the oil proceeds with the Exxon's consortium keeping the rest while also paying for costs of building the country's oil infrastructure.

Exxon has said it sees potential for installing 10 FPSOs in its massive Stabroek oil block, which encompasses 6.6 million acres (27,000 square km) off Guyana's coast. The first six vessels could ...