Chevron Corp. sees the potential to increase its Venezuelan oil production by as much as 50% over the next 18-24 months, its Chief Executive Officer Mike Wirth said during the company’s earnings conference call today.
The U.S. government has been...
TotalEnergies EP Suriname B.V. has launched the Suriname edition of its TotalEnergies Women’s Initiative for Communication & Exchange (TWICE). The initiative is aimed at advancing women’s careers, promoting gender awareness, and creating opportunities for learning, connection, and leadership.
Artur Nunes...
Chevron reported a drop in fourth-quarter profit during its earnings call on Friday, as lower oil prices and weaker upstream earnings outweighed gains in refining margins and higher production.
The U.S. oil major posted net income attributable to shareholders of...
ExxonMobil announced on Friday that its net production reached the highest level in more than 40 years in 2025, with Guyana a central contributor as the company reported full-year earnings of US$28.8 billion.
Net production averaged 4.7 million oil-equivalent barrels...
Guyana’s crude oil exports in 2025 positioned a small group of countries as its dominant trading partners, as those nations consistently appeared throughout the year as direct destinations for Guyanese crude shipments, in data analyzed by OilNOW.
Major destinations for...
India imported approximately 297,000 barrels per day (b/d) of crude oil from Guyana in January, according to data cited by Indian news agency, Economic Times, in a January 22 report.
According to the news agency, the data was gleaned from...
ExxonMobil Guyana Limited continued exploration drilling at the Barreleye-3 well site on January 27, 2026, as it advances appraisal work in Guyana’s Stabroek Block.
The operation is being carried out by the mobile offshore drilling unit Noble Don Taylor. Drilling...
ExxonMobil Guyana averaged 892,000 barrels per day (b/d) of crude oil production in December 2025 across its four producing developments in the Stabroek Block, according to newly released government data.
Production by project was 130,000 b/d at Liza 1, 244,000...
U.S. Secretary of State Marco Rubio told U.S. lawmakers that Guyana offers a more reliable investment environment than Venezuela, warning that energy companies will place their money where legal protections and contract enforcement are clear.
Rubio made the comments during...
Drilling activity offshore Guyana has been extended through 2029 after ExxonMobil awarded Noble Corporation plc additional rig years under its Commercial Enabling Agreement.
The award applies evenly across four drillships operating in Guyana — Noble Sam Croft, Noble Don Taylor,...
Guyana has rejected Venezuela’s objection to a planned three-dimensional multi-client seismic exploration program within its Exclusive Economic Zone (EEZ),...
