ExxonMobil’s Senior Vice President Neil Chapman said Thursday that operations and investment plans in Guyana remain “100% aligned” among the Stabroek Block partners, despite an ongoing arbitration that could impact the ownership structure of the prolific offshore asset. “Zero change,”...

Guyana is on track to become one of the top five liquid-producing countries in Latin America (LatAm) in 2025, according to Amanda Bandeira, a Research Analyst at Wood Mackenzie. “Production keeps growing, and exploration drilling is intensifying again in the...

ExxonMobil Corp plans to triple its oil production capacity in Guyana over the next five years, as part of a global strategy to concentrate capital on low-cost, high-return assets, a senior company executive said on Thursday. Speaking at the 41st...

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...

In the final week and a half of April 2025, Guyana’s offshore oil production witnessed an uptick, with both the Liza 2 and Payara projects averaging approximately 260,000 barrels per day (b/d) each. This indicates that ExxonMobil, the operator...

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 —...

A high-stakes arbitration hearing over Chevron’s proposed $53 billion acquisition of Hess Corporation is set to begin Monday in London. The hearing will focus on a prized 30% stake in Guyana’s Stabroek Block, according to a Reuters report. The confidential...