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Guyana

  • In the News

    ExxonMobil Launches $100m STEM Initiative in Guyana

    by Ikeoluwa Juliana Ogungbangbe September 1, 2026
    by Ikeoluwa Juliana Ogungbangbe September 1, 2026

    ExxonMobil has commenced a major investment in science, technology, engineering and mathematics (STEM) education in Guyana, with the launch of a programme designed to strengthen the country’s future workforce. The …

  • In the NewsOil & Gas

    ExxonMobil Restarts Guyana Oil Production After Fire Outbreak

    by Ikeoluwa Juliana Ogungbangbe August 27, 2026
    by Ikeoluwa Juliana Ogungbangbe August 27, 2026

    KEY POINTS ExxonMobil has resumed oil production at its Liza Unity floating production, storage and offloading (FPSO) vessel offshore Guyana after a small fire temporarily halted operations. The incident triggered …

  • In the NewsOil & Gas

    ExxonMobil Pioneers Fully Automated Offshore Drilling in Guyana, Redefining Future Project Economics

    by Oluwatosin Racheal Alabi March 18, 2026
    by Oluwatosin Racheal Alabi March 18, 2026

    KEY POINTS ExxonMobil (NYSE:XOM) has achieved what industry insiders are calling the world’s first fully automated offshore well placement in Guyana, in collaboration with Halliburton and other partners. The project …

  • In the NewsOil & Gas

    ExxonMobil Ties Guyana Gas Investments to Faster Approvals, Stronger Regulatory System

    by Oluwatosin Racheal Alabi February 19, 2026
    by Oluwatosin Racheal Alabi February 19, 2026

    KEY POINTS A senior executive of ExxonMobil says the pace of future investment in Guyana’s natural gas sector will depend largely on how efficiently government bureaucracy functions and whether a …

  • In the NewsOil & Gas

    ExxonMobil Launches Appraisal Drilling in Guyana to Expand Oil and Gas Discoveries

    by Oluwatosin Racheal Alabi February 4, 2026
    by Oluwatosin Racheal Alabi February 4, 2026

    KEY POINTS US energy giant ExxonMobil has begun drilling an appraisal well offshore Guyana, aiming to evaluate the potential of a recent major oil and gas find in the Stabroek …

  • In the NewsMarketsOil & Gas

    ExxonMobil Q4 Profit Falls 15% as Lower Oil Prices Weigh on Earnings

    by Ikeoluwa Juliana Ogungbangbe January 31, 2026
    by Ikeoluwa Juliana Ogungbangbe January 31, 2026

    KEY POINTS ExxonMobil has reported a decline in its fourth-quarter earnings, blaming weaker crude oil prices for offsetting gains recorded from higher production volumes. The US energy giant posted profits …

  • In the News

    Chevron’s $53B Bid for Hess Faces Hurdles from Exxon, Venezuela

    by Victor Adetimilehin March 10, 2024
    by Victor Adetimilehin March 10, 2024

    Chevron Corporation, the second-largest U.S. oil company, has made a bold move to acquire Hess Corporation, a rival oil producer with a stake in the lucrative Guyana offshore oil field. …

  • In the News

    Chevron’s Bid for Hess’s Guyana Oil Stake Challenged by Exxon

    by Victor Adetimilehin March 7, 2024
    by Victor Adetimilehin March 7, 2024

    Exxon claims right to match offer Exxon Mobil Corp has thrown a wrench into Chevron Corp’s plan to buy Hess Corp stake in the Stabroek offshore oil block in Guyana, …

  • In the News

    Exxon’s Bid to Block Chevron-Hess Deal Sparks Oil Drama

    by Victor Adetimilehin February 29, 2024
    by Victor Adetimilehin February 29, 2024

    The oil industry is witnessing a high-stakes drama as Exxon Mobil, the largest U.S. oil producer, tries to spoil Chevron’s acquisition of Hess, a smaller rival with a coveted position …

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