Hess, Exxon and Guyana
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Chevron won its hotly contested legal battle against rival Exxon Mobil, allowing it to immediately close its $53 billion acquisition of Hess on July 18 and give the Big Oil major access to arguably the biggest oil discovery of the century offshore of sparsely populated Guyana.
Exxon Mobil has lost its arbitration challenge to block Chevron's $55 billion Hess acquisition deal, but the top U.S. oil producer managed to delay the tie-up by over a year, costing its rival billions in lost Guyana oil revenue and slowing integration.
Exxon Mobil is poised for renewed growth, driven by its dominant positions in the Permian Basin and Guyana. Learn why XOM stock is a Buy.
A wealthy Guyanese businessman who is sanctioned by the US for alleged tax evasion on gold exports has officially entered the race to lead the oil-rich South American nation.
Exxon Mobil has lost its arbitration challenge to block Chevron's $55 billion Hess acquisition deal, but the top U.S. oil producer managed to delay the tie-up by over a year, costing its rival billions in lost Guyana oil revenue and slowing integration.
SBM Offshore's Jaguar floating production, storage and offloading vessel hull has entered drydock in Singapore, marking a major step forward in the unit's deployment to US supermajor ExxonMobil offshore Guyana.
IMRAN Tahir, who is the leading wicket-taking rankings for the 2025 ExxonMobil Global Super League, believes that spin will take them all the way to the final
MSI and Jose Pereiro & Associates weigh in on shuttle tanker demand from Brazil and Guyana in Riviera’s latest shuttle tanker market webinar