Chevron is laying the groundwork to swiftly close its planned acquisition of smaller oil producer Hess , according to two ...

US-based oil and gas company Hess has announced its decision to relinquish its interest in Block 59 offshore Suriname. The ...

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

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

CVX nears a decisive moment as arbitrators take final decision on its $53 billion Hess deal and entry into Guyana's top-tier ...

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 ...

Following a recent article published in the media concerning the 20% relinquishment of the Stabroek Block by the operator, ...

Since the implementation of the 2016 Production Sharing Agreement (PSA) governing the activities in the Stabroek Block, ...

Pluma was ExxonMobil’s 10th oil discovery in the Stabroek Block. The Pluma-1 well was drilled in a new reservoir, encountering approximately 121 feet (37 metres) of high-quality hydrocarbon ...

ExxonMobil Guyana plans to increase output from its Stabroek block offshore Guyana by 18,000 barrels per day (bpd) once it has completed risk assessments and received approval from local ...