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 […]
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 […]
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 […]
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 […]
Daily Standup Top Stories Biden plan will earmark millions of acres of public land for solar development February 11, 2024 Stu Turley On Jan. 17, the Biden administration unveiled a draft analysis of a plan that identifies […]
Venezuela is backing up its threats to annex part of Guyana and secure access to some of the world’s largest oil finds in more than a decade by moving light tanks, missile-equipped patrol boats and armored carriers […]
As tensions with Venezuela continue to simmer over President Nicolas Maduro’s attempt to annex oil-rich Essequibo from Guyana, the U.S. is sending a top defense official to Guyana to discuss the situation. U.S. Deputy Assistant […]
If each side’s respective drills go off without a hitch, then they can spin it as though the other backed down, which can further galvanize their public in support of the state and its policy […]
Daily Standup Top Stories Another Offshore Wind Farm Hits the Dust December 20, 2023 Stu Turley Key Takeaways 1: The developer of “Icebreaker,” a small project in Lake Erie, announced it is pulling stakes on its […]
OPEC+ faces record-breaking U.S. oil production and rising supply from other non-OPEC+ producers, including Brazil, Guyana, Canada, and Norway. Barring a major geopolitical escalation resulting in a large supply outage, oil prices are unlikely to […]
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