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HomeGuyana

Guyana

Crude Oil News

Kimmerdige vs. SBOW Round 4!!!!

April 30, 2024 Andy Del Prado

Daily Standup Top Stories Tesla Partners with Baidu for Full Self-Driving Rollout in China April 29, 2024 Mariel Alumit Tesla’s FSD system has been approved for use in China, the world’s largest car market. Tesla has […]

Chevron Corp
Earnings

Chevron Corp (CVX) Reports Q1 2024 Earnings: A Close Call with Analyst Projections

April 26, 2024 Mariel Alumit

Chevron Corp (NYSE:CVX) released its 8-K filing on April 26, 2024, disclosing its financial results for the first quarter of 2024. The company reported earnings of $5.5 billion, translating to $2.97 per share on a diluted basis, […]

Exxon
Crude Oil News

Exxon stock falls as earnings miss on lower natural gas prices and squeezed refining margins

April 26, 2024 Mariel Alumit

Exxon Mobil on Friday reported first-quarter earnings that missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices. Exxon’s stock is down more than 3%. Here is what Exxon reported for […]

Hess
Earnings

Hess Reports Estimated Results for the First Quarter of 2024

April 25, 2024 Mariel Alumit

Key Development: Sanctioned development of Whiptail, the sixth development on the Stabroek Block, offshore Guyana; expected to add gross production capacity of approximately 250,000 barrels of oil per day (bopd) by the end of 2027 […]

TechnipFMC
Press

TechnipFMC bags work on Exxon’s sixth Guyana project

April 16, 2024 Stu Turley

Offshore contracting giant TechnipFMC has been awarded a contract in Guyana’s Stabroek Block by US supermajor ExxonMobil to supply subsea production systems for the Whiptail project. TechnipFMC will provide project management, engineering, and manufacturing to […]

FID
Big Oil Companies

ExxonMobil Makes FID on 6th Project in Contested Guyana Asset

April 15, 2024 Mariel Alumit

Exxon Mobil Corp. has made a final investment decision (FID) for the Whiptail development offshore Guyana after receiving government and regulatory approvals. Whiptail, the sixth project on the Stabroek block, is expected to add approximately […]

Exxon
Big Oil Companies

Exxon Confident Its Intent in Writing Guyana Contract to Prevail

March 22, 2024 Stu Turley

Chevron’s $53 billion deal ensnared in tussle over oil finds China’s Cnooc files separate arbitration case against Chevron Exxon Mobil Corp. is convinced its interpretation of intent in a Guyanese oil contract signed a decade ago […]

Exxon
Crude Oil News

ExxonMobil announces oil and gas discovery offshore Guyana

March 18, 2024 Mariel Alumit

ExxonMobil has announced a new oil and gas discovery at the Bluefin well in the Stabroek block offshore Guyana. The development marks the company’s first such announcement in the country this year. It adds to […]

Exxon
Big Oil Companies

Exxon Plays Hardball With Chevron Over Guyana Oil Riches

March 1, 2024 Mariel Alumit

It’s rare for disputes between any of the world’s supermajor oil companies to spill out in public. It’s even rarer that one could end up costing $53 billion. But the oil riches beneath Guyana’s coastal […]

Chevron and Exxon
Crude Oil News

Chevron, Exxon in dispute over Hess stake in Guyana oil block

February 28, 2024 Mariel Alumit

HOUSTON, Feb 26 (Reuters) – Exxon Mobil Corp (XOM.N), opens new tab said on Monday it may preempt Chevron Corp’s (CVX.N), opens new tab acquisition of a 30% stake in a giant Guyana oil block, the centerpiece of its […]

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