Exxon Mobil, for the full year, reported net production was at the highest level in more than ten years at 4.3 million oil equivalent barrels per day, an increase of 16%, or 595,0 ...

Guyana became an oil-producing nation in December 2019, when Exxon brought online the Liza Destiny FPSO. Hess Corporation has announced positive results from the Tilapia-1 and Haimara-1 wells ...

Big Oil begins reporting fourth-quarter results this week, and outlooks for the coming year should reflect the dissonance ...

First production from the wells is expected in 2026 ... pulled out of negotiations on Thursday with Guyana’s government over terms for exploring and developing an oil block in shallow water. Exxon, ...

Wall Street expects U.S. oil and gas companies to keep a lid on spending in 2025 and keep their focus on generating ...

Wall Street believes that U.S. energy companies will keep spending under control in 2025, and focus on shareholder returns ...

Hess Corporation (NYSE:HES) posted another excellent quarter. However, that "excellence" all came from Guyana, where Exxon Mobil (XOM) is disputing the right of Hess Corporation to merge with ...

Guyana production for Hess surged by ... storage and offloading units are producing oil in the Stabroek block for Hess and its partners, ExxonMobil and CNOOC International. Three more have been ...

Production from Hess' Guyana assets jumped to 195,000 barrels ... A three-judge arbitration panel is set to consider Exxon's right to first refusal in May. The deal has, however, cleared a U.S ...

Offshore Guyana, where Exxon Mobil is operator, net production increased 52% yoy to 195,000 boe/d. The increased volumes helped Hess to generate net income of $542 million that partially offset ...