The impoverished South American country of Guyana is emerging as a major international oil producer and exporter. The former British colony is expected to become not only South America’s top oil ...

CNOOC may not have the flair of Exxon or the drama of Hess but in its own quiet and discreet way its performance matches its American counterparts in another bumper year with its hosts Guyana ...

By bne IntelliNews The arbitrators in a legal dispute between ExxonMobil and Hess have reportedly reached a decision. Citing ...

Chevron is pushing ahead with its $53 billion acquisition of Hess, preparing for integration and layoffs while awaiting an ...

Chinese offshore oil and gas major CNOOC , said it had filed an arbitration claim to establish a right over Hess' stake in the giant Guyana oilfield Stabroek in the event of the U.S. firm's sale ...

Exxon Mobil Corp. and Cnooc Ltd. merged arbitration claims against Chevron Corp.’s proposed takeover of Hess Corp. that would allow the US oil supermajor to enter Guyana’s Stabroek Block.

An oil-producing consortium in Guyana comprising Exxon Mobil , Hess and CNOOC posted a 64% surge in 2024 profit to $10.4 billion, Exxon said on Tuesday, as facility updates allowed sustained ...

--CNOOC Limited announces that Payara Project has commenced production safely. It was constructed in China and Singapore, and arrived in Guyana in April 2023. CNOOC Petroleum Guyana Limited, a ...

Exxon Mobil (NYSE: XOM) said Tuesday its oil-producing consortium in Guyana with partners Hess (HES) and CNOOC (OTCPK:CEOHF) posted a 64% surge in FY 2024 profit to $10.4B.

The course of Guyana’s destiny changed in 2015 when US fossil fuel giant Exxon struck oil. It discovered nearly 11 billion barrels in the deep water off the coast of this tiny country known for ...

SCIENCE, Technology, Engineering, and Mathematics (STEM) education will play a crucial role in determining Guyana’s economic ...

Exxon believes the Guyana asset is so valuable that the merger would trigger a change of control and give Exxon and CNOOC a right of first refusal to the asset sale, the people said.