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(Reuters) - Tullow Oil said in a statement on Friday that 57 workers tested positive for COVID-19 onboard a support vessel at its production facilities offshore Ghana. One other worker tested positive on another storage and production vessel. Production was unaffected,...

Public hearings on the question of the International Court of Justice’s (ICJ) jurisdiction in the case concerning the Arbitral Award of October 3, 1899 (Guyana v. Venezuela) will open on Tuesday June 30, 2020 at 2 p.m. at the...

A note from the Extractive Industries Transparency Initiative Recent oil discoveries looked certain to transform Guyana’s economy. But the oil price shock could alter Guyana’s expected windfall and prospects of becoming a leading oil-producing nation. Faced with the repercussions of Covid-19,...

With 16 discoveries, 8 billion barrels of recoverable oil resources and the start of production all in just under five years, Guyana is now one of the best-known newcomers to the league of petroleum producing nations. While the significant hydrocarbon...

Apache Corporation said Wednesday it has elected to list its common stock solely on the Nasdaq Stock Market beginning June 9, 2020. The company will discontinue listing its common stock on the New York Stock Exchange and the Chicago Stock Exchange after the market closes on June 8. Additionally,...

Brazilian state-led energy company Petrobras will grant rival producers and other companies access to onshore natural gas processing facilities in a two-step process in the latest move toward opening Latin America's biggest market under the terms of an antitrust...

US oil major ExxonMobil said on Wednesday it is managing unprecedented market challenges from the COVID-19 pandemic while preserving long-term value to shareholders. Chairman and Chief Executive Officer Darren Woods told shareholders during the company’s annual meeting that despite the...

(Bloomberg) --Chevron is planning a 10% to 15% reduction in its global workforce this year, the biggest cut to headcount yet among global oil majors following the Covid-19 pandemic. The company aims to reduce costs to ride out the worst...

Several high impact discoveries which have been made offshore Guyana by US oil major ExxonMobil are a direct result of the company’s research and development of new technologies which have provided geoscientists with unparalleled insights into subsurface geologic structures...

COVID-19 has now spread to 189 countries/regions around the world with over 5 million confirmed cases and more than 350,000 deaths. The oil & gas industry continues to be heavily impacted on all fronts as falling demand and geopolitical ambitions...