It is speculated that the Stabroek Block contains well over 11 billion barrels of oil reserves, with the acreage possessing the potential to eclipse Brazil’s proven and probable reserves ...

Guyana has rapidly transitioned into the world's newest petro-state, driven by significant offshore oil discoveries and ...

With a 30% interest in the Stabroek Block, it has allotted more than 80% of its capital and exploratory budget of US$1.9 billion for 2021 to its offshore blocks. Hess Corporation has announced ...

ExxonMobil Guyana says preparations are in place to shut down operations in the Stabroek Block to avert an oil spill should Venezuela ramp up its aggression against oil exploration and production in ...

Couldn't resolve component "default" at "/:pathMatch (.*)?/:lcsId ( [0-9]\- [0-9]\- [0-9]+| [0-9]- [0-9]- [0-9]+PT [0-9]+)" ...

Chevron agreed to purchase Hess in October 2023, aiming to expand its presence in the oil-rich Stabroek block.

The initiative followed the completion of a $1 billion pipeline last year that will transport gas produced from ExxonMobil's extensive Stabroek Block. The Guyanese government will utilize a ...

Couldn't resolve component "default" at "/:pathMatch (.*)?/:lcsId ( [0-9]\- [0-9]\- [0-9]+| [0-9]- [0-9]- [0-9]+PT [0-9]+)" ...

Secretary of State Marco Rubio has warned Venezuela that if it attacks oil assets in Guyana’s Stabroek Block or takes ...

TechnipFMC plc FTI has clinched a substantial contract in Guyana’s Stabroek Block from Exxon Mobil Corporation XOM affiliate ExxonMobil Guyana Limited in a significant development for the ...

But this drastically changed in 2015 with the discovery of the Stabroek block off the coast of Guyana by a consortium led by the US multinational ExxonMobil. Guyana's oil boom has made the nation ...

In practice, he functions as the de facto head of Guyana’s oil and gas policy, often announcing key decisions on behalf of the government, particularly those related to the Stabroek Block and ...