Industry analyst Wood Mackenzie believes oil production in Guyana could reach as high as 400,000 barrels per day by 2026 as multiple phases of development and production come on stream.
Pablo Medina, Wood Mackenzie`s senior analyst, Latin America, said ExxonMobil’s fifth...
(Bloomberg) Exxon Mobil Corp. agreed to pay more than $300 million to resolve air pollution violations tied to eight chemical plants in Texas and Louisiana, one of a pair of environmental settlements with oil companies announced by the Trump...
(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, a Reuters poll showed on Tuesday.
Analysts raised their crude price projections, the survey showed, as...
ExxonMobil and its Affiliate, Esso Exploration and Production Guyana Limited (EEPGL) on Tuesday issued a public advisory, alerting businesses and the public at large to the activities of persons and/or agencies falsely claiming to be representatives of ExxonMobil, and...
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 prospect of aggression from Venezuela while it was searching offshore Guyana for oil.
Writing in his...
A group of Guyanese private sector representatives will be travelling to the Canadian Province of Newfoundland and Labrador to explore business opportunities in the oil and gas and supporting sectors.
This was disclosed by Canadian High Commissioner to Guyana, Lilian Chatterjee,...
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 three-day University of Spill Management course concluded at the Splashmin’s Resort on the Linden Soesdyke...
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 number of job losses in the province over the coming decade.
According to a report in...
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 and Exxon Mobil Corp one in a historic opening of the pre-salt play to foreign...
(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 engine, the world’s biggest crude explorer says the 158 year-old oil industry won’t go gentle...