ExxonMobil buckles under COVID-19 pressure; now gears to trim staff across US offices
Last month, ExxonMobil’s Chief Executive Officer and President, Darren Woods, had boasted that the oil giant is one of the few that has not...
Energy Dept. shortlists some of the world’s most corrupt traders to market Guyana’s oil
The Energy Department moments ago published its shortlist of 19 companies which would be reviewed for the selection of one to market and trade...
Energy Dept. fails to disclose names of 19 companies shortlisted to market Guyana’s crude
In February last, the Energy Department had invited interested applicants to submit their bids to market Guyana’s share of crude from the Liza Phase...
Eight months later, Tullow still studying fate of heavy oil in Orinduik Block
After finding heavy oil last year on its Orinduik block, Tullow Oil had said in November that it needed time to assess the results...
Office of Climate Change has not been at the heart of discussions on ExxonMobil’s...
When it comes to the discussing the climate change implications of ExxonMobil’s offshore projects, one of the most critical partners that has been absent...
Electoral fiasco leaves EPA without funds to staff Petroleum Unit
Prior to Guyana officially becoming an oil producing nation on December 20, 2019, Head of the Environmental Protection Agency (EPA), Dr. Vincent Adams had...
First well on Kaieteur Block will be drilled in second half of 2020-Hess Boss...
Hess Corporation’s Chief Executive Officer (CEO), John Hess, revealed this week that ExxonMobil will be drilling its first well in the Kaieteur Block during...
Majority of Guyanese won’t enjoy oil wealth if high borrowing costs, other financial barriers...
Considering the significant revenues Guyana will be collecting in the future for its oil resources, it is imperative that efforts be made to ensure...
ExxonMobil’s gas compressor issues which led to flaring should be fixed by July -Hess...
From last year December to now, ExxonMobil has flared over nine billion cubic feet of gas. In an effort to reduce the significant amounts...
Chevron and Shell beat ExxonMobil in having most resilient upstream portfolios at US$30/bbl-Wood Mac’s...
When it comes to the supermajors of the oil industry, Wood Mackenzie’s Chief Analyst and Chairman, Simon Flowers, says Chevron and Shell have the...
