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

Chevron (NYSE: CVX) made a bold move by agreeing to acquire Hess (NYSE: HES) for $53 billion. The transaction will enhance and extend the company's production and free cash flow growth outlook into ...

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 ...

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

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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 ...

Chevron bought about 4.99% of Hess Corp's common shares this year, reflecting its confidence in completing the planned acquisition of Hess, the oil giant said in a regulatory filing on Monday.

ExxonMobil’s eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. Exxon and its partners in Guyana’s ...

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 ...

A programme to digitise the healthcare system and provide IT training to workers was launched yesterday by the three oil companies operating in the Stabroek Block. The Greater Guyana Initiative ...