ExxonMobil produced 4.3 million oil-equivalent barrels per day in 2024, the company’s highest rate in over a decade, according to its recently published annual report.
“This record production helped meet record global demand in 2024,” Chief Executive Officer Darren Woods...
Guyana’s Natural Resource Fund (NRF) recorded deposits totaling US$605.46 million (GY$126.24 billion) in the first quarter of 2025, representing earnings from the sale of seven lifts of profit oil and one quarterly royalty payment. The figure edges just above...
Noble Corporation has secured a 390-day contract extension from Petrobras Colombia for its Noble Discoverer semi-submersible rig.
In an April 10 LinkedIn post, Noble said the extension pushes operations through to around August 14, 2026.
Exxon Guyana drilling operations providing exciting...
ExxonMobil is engaged in appraisal drilling operations at the Barreleye-2 well of the Stabroek Block.
The operation started on April 6, using the Stena Carron rig, and will conclude by July 31, Guyana’s Maritime Administration Department (MARAD) said in a...
According to its 2024 annual report, Hess Corporation plans to return 94% of its net undeveloped acreage, primarily to Guyana and Suriname, over the next three years.
In Guyana, Hess has a 30% stake in the 6.6-million-acre Stabroek Block. A...
Hess’ Guyana net oil production in 2024 beat its U.S. output for the second time, the company said in its annual report.
Net Guyana output for Hess’ 30% stake in the Guyana Stabroek Block was 68.136 million barrels in 2024,...
Guyana’s export of oil is largely responsible for the country's trade surplus with the United States. This surplus was a deciding factor in the recently announced tariffs by President Donald Trump which has resulted in the application of a...
Dear Editor,
We recently had a visit by the United States Secretary of State, Marco Rubio, who emphasised that any aggression towards Guyana or its economic interests, including ExxonMobil, would result in severe consequences. This statement sends a clear and...
Months before the country’s Gas-to-Energy (GtE) project is set to deliver first power, Guyana has signed US$422 million in contracts. The firms awarded are Power China and Kalpataru Projects International Limited (KPIL). They are expected to complete the work...
ExxonMobil expects a significant rise in first-quarter earnings, driven by higher crude oil and natural gas prices.
The company signaled in a Securities Exchange Commission (SEC) filing on April 3, published on its website, that these factors and stronger refining...
