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Guyana President downplays ‘renegotiation’ of ExxonMobil contract

Guyana’s Head of State, President David Granger has downplayed the notion of renegotiating the Production Sharing Agreement between the South American country and ExxonMobil...

Guyana oil will fuel global economic growth – ExxonMobil VP

The emerging oil and gas industry in Guyana, where ExxonMobil has to date discovered an estimated 3.2 billion recoverable oil-equivalent barrels, will not only...

First shipment of pipes for oil production arrives in Guyana

The first shipment of piping material to be used for oil production in the Liza development project offshore Guyana arrived on Wednesday evening at a shore...

ExxonMobil adds 2.7 Bbbl to reserves, replaces 183% of 2017 production

Exxon Mobil Corporation has added 2.7 Bboe of proved oil and gas reserves in 2017, replacing 183% of production. ExxonMobil's proved reserves totaled 21.2...

Guyana gov’t commends ExxonMobil on commitment to local content

Guyana’s Ministry of Natural Resources on Friday commended ExxonMobil affliate Esso Exploration and Production Guyana Limited (EEPGL) and its partners HESS and CNOOC Nexen...

GIPEX has exceeded expectations – Exxon Country Manager

ExxonMobil Guyana Country Manager, Rod Henson, believes that the Guyana International Petroleum Exhibition and Summit which opened on Wednesday has exceeded expectations by attracting...

In midst of ‘deepwater apocalypse’ Exxon remained in Guyana – Kevin...

Former Minister of Energy and Energy Affairs in Trinidad and Tobago, Kevin Ramnarine, says even with the collapse in petroleum prices US oil major...

Exxon moving to develop Payara by 2023; Guyana oil production could...

Exxon Mobil Corporation could sanction its third development project offshore the South American country of Guyana as early as 2023. The company’s Vice President...

Exxon announces US$19.7B earnings for 2017

Exxon Mobil Corporation announced on Friday its estimated 2017 earnings of $19.7 billion, or $4.63 per share assuming dilution, compared with $7.8 billion in 2016. U.S....

ExxonMobil to ramp up Permian production to 600,000 barrels

ExxonMobil today announced that it plans to triple total daily production to more than 600,000 oil-equivalent barrels by 2025 from its operations in the Permian...

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