News

ExxonMobil has entered exclusive negotiations with Canadian fuel retailer North Atlantic for the sale of its 82.89% stake in its French subsidiary Esso, including the 240,000 barrels per day Gravenchon refinery in Normandy. The deal also includes a 100% stake...

Since ExxonMobil’s historic Liza discovery in 2015, the Stabroek Block offshore Guyana has yielded a string of world-class oil finds. While Liza remains the biggest discovery to date, several subsequent wells have encountered major oil-bearing reservoirs. Liza was the biggest,...

ExxonMobil’s Yellowtail development offshore Guyana is expected to come online in August, just ahead of national elections in the South American country. Yellowtail, the fourth project in the Exxon-led Stabroek Block, will use the ONE GUYANA floating production, storage and...

ExxonMobil Guyana Limited (EMGL) said it plans to establish a goods and services agreement for Deepwater Subsea Remote Operated Vehicle (ROV) support.  In a public request for information, Exxon said the ROV services will assist oil and gas operations near...

Guyana’s Yellowtail crude, from the country’s fourth offshore development, is set to hit international markets in the third quarter of 2025, with a lighter and sweeter profile than the country’s current grades.  The new grade is expected to compete directly...

PARAMARIBO, SURINAME - Suriname’s 2025 general elections have yielded a dramatic outcome that is both reflective of the country’s political fragmentation and indicative of the challenges ahead in forming a government and charting a united course for the country’s...

Guyana will hold elections for a new government on September 1, 2025, President Irfaan Ali announced Sunday night during his address on the country’s 59th Independence anniversary. Speaking at national celebrations held in Albion, Berbice, Ali said he had consulted...

SBM Offshore Guyana is inviting applications for its 2025 Trainee Technician Programme, a career-launching initiative aimed at building a new generation of technical talent for the offshore oil and gas sector. The company said the programme is designed to provide...

Guyanese are resilient in the face of adversity. They are a spirited people, with deep cultural roots and a strong sense of national identity. This much was showcased tenfold today. Love of country was high.  In Venezuela, Nicolas Maduro’s election...

Sweden received the highest number of crude oil cargoes from Guyana in April 2025, according to vessel tracking intelligence provided by OilX, a firm specializing in global oil flow analytics. Four shipments were delivered to Sweden during the month —...