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

An Exxon Mobil-led oil consortium has returned 2,534 square kilometers of the Stabroek Block in Guyana back to the government ...

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

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

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

THE Government of Guyana has officially confirmed the completion of the 20 per cent relinquishment of the Stabroek Block by operator ExxonMobil Guyana Limited ...

According to the release, since 2015, the Stabroek Block has been the site of multiple significant discoveries, which are now undergoing evaluation and appraisal to determine their commercial ...

Hess exits Suriname's Block 59 near the border with Guyana, returning acreage to state oil firm Staatsolie, fulfilling ...

The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project ...

Completing the Hess acquisition is key to Chevron CEO Mike Wirth's strategy. Chevron would gain Hess' 30% interest in the ...

Exxon, Chevron, and others are increasingly eyeing South America for low-cost, low-emission production as shale basins mature ...