US supermajor ExxonMobil has officially relinquished 20% of the area of the prolific Stabroek block offshore Guyana.

An Exxon Mobil-led oil consortium has returned 2,534 square kilometers of the Stabroek Block in Guyana back to the government ...

Hess relinquished the block to state-owned Staatsolie, following the withdrawal and transfer of participation stakes by ...

Exxon, Chevron, and others are increasingly eyeing South America for low-cost, low-emission production as shale basins mature ...

US-based oil and gas company Hess has announced its decision to relinquish its interest in Block 59 offshore Suriname. The ...

Chevron is pushing ahead with its $53 billion acquisition of Hess, preparing for integration and layoffs while awaiting an ...

By bne IntelliNews The arbitrators in a legal dispute between ExxonMobil and Hess have reportedly reached a decision. Citing ...

THE Government of Guyana has officially confirmed the completion of the 20 per cent relinquishment of the Stabroek Block by operator ExxonMobil Guyana Limited ...

Completing the Hess acquisition is key to Chevron CEO Mike Wirth's strategy. Chevron would gain Hess' 30% interest in the ...

This followed an article in yesterday’s Kaieteur News concerning EMGL’s relinquishment of 20 per cent of the Stabroek Block. The release said that an area of 2,534 square kilometres has been ...