Exxon Mobil started production months ahead of schedule at its newest development in the heavily-contested Stabroek block.

Guyana has a belligerent neighbour and a need for nation-building — familiar echoes for Canada in a suddenly wealthy corner ...

Chevron’s $53 billion acquisition of Hess gives it a major stake in Guyana’s booming Stabroek oil block, reshaping its global oil strategy amid production challenges.

CanCambria Energy Corp. (TSXV: CCEC) (OTCQB: CCEYF) May Hold One of Europe’s Most Promising Natural Gas Fields ...

Chevron will “consolidate or eliminate some positions” as part of its integration with Hess Corporation, a Chevron spokesperson told Rigzone.

The oil industry is no stranger to playing the long game, but Chevron won a marathon last Friday when the International Chamber of Commerce (ICC) handed it a victory in its arbitration case with ...

'We welcome Chevron to the venture and look forward to continued industry-leading performance and value creation in Guyana for all parties involved'.

Now that the Hess deal is finalized, Chevron instantly becomes a major 30% partner in Guyana's most productive oilfield, and a formal collaborator with ExxonMobil.

Key Points Chevron won its arbitration hearing against Hess, allowing it to close the needle-moving deal. The transaction enhances its portfolio and growth profile. The oil company is in an even ...

Chevron’s imminent entry into Guyana’s rich offshore oilfields solves one of the biggest problems dogging the U.S. major: where its growth will come from beyond the next few years. On Friday, the U.S.

Oil production near Guyana is ramping up while production in places like the Permian Basin appears to be approaching a plateau.