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Monthly Archives: October 2017

Exxon to pay $300M to resolve U.S. pollution cases

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(Bloomberg) Exxon Mobil Corp. agreed to pay more than $300 million to resolve air pollution violations tied to eight chemical plants in Texas and...

Oil rally looks set to run into 2018 if OPEC extends output deal: Reuters...

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(Reuters) - Oil will likely rally into 2018 with periods of volatility as an anticipated extension of OPEC-led output restrictions offsets higher U.S. production,...

ExxonMobil Guyana issues warning about reported fraudulent activities

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ExxonMobil and its Affiliate, Esso Exploration and Production Guyana Limited (EEPGL) on Tuesday issued a public advisory, alerting businesses and the public at large...

Exxon forged ahead despite Venezuela aggression, multiple risks – Persaud

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In addition to the routine nature and types of risks involved in petroleum exploration and production, US super-major ExxonMobil was also faced with the...

Guyanese business group for Canada visit in November

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A group of Guyanese private sector representatives will be travelling to the Canadian Province of Newfoundland and Labrador to explore business opportunities in the...

Three-day Exxon facilitated oil spill course wraps-up

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Fifty persons in Guyana recently benefited from an oil spill management training course organized by ExxonMobil with support from Guyana’s Civil Defense Commission (CDC). The...

Made-in-Alberta action plan unveiled to protect 7,000 oil & gas jobs

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A Canadian oil and gas industry lobby group says a “made-in-Alberta solution” to reduce methane emissions rather than proposed federal regulations could mitigate the...

Shell bets big on Brazil as oil majors snap up offshore blocks

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Oil major Royal Dutch Shell Plc won half the blocks awarded in Brazil’s deepwater oil auction on Friday, while rival BP took two blocks...

Exxon says threat to gasolene demand from electric cars overblown

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(Bloomberg) Exxon Mobil Corp. says the existential threat to oil producers from electric cars is overblown. Despite concern that electrification will render obsolete the gasolene-fueled internal combustion...

Long journey to EITI country compliance now begins – Ramnarine

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While Guyana’s achievement of Extractive Industries Transparency Initiative (EITI) candidacy is an occasion for celebration, it is also important to recognize that the long journey...