News

Suriname is on the cusp of a significant oil boom with major offshore discoveries and investments aimed at boosting its ...
We recently published a list of 10 Most Profitable Blue Chip Stocks to Buy Now. In this article, we are going to take a look at where Exxon Mobil Corporation (NYSE:XOM) stands against other most ...
The government predicts an increase in oil output to 786,000bpd due to the start of Exxon's fourth project, Yellowtail.
Exxon Mobil's Q1 2025 earnings report is anticipated with mixed analyst sentiment. Click here to read what justifies XOM ...
Guyana’s oil output took a dip in March, sliding to 627,000 barrels per day (bpd) from February’s 648,000 bpd, a new report ...
Oil output in Guyana fell about 3% to 627,000 barrels per day (bpd) in March from the previous month, but the 631,000 bpd ...
Venezuelan Defense Minister Vladimir Padrino López accused the United States of conspiring to turn the Essequibo into a “spoil of war” for U.S. interests, using regime change as leverage.
ExxonMobil has granted MODEC a limited notice to proceed on a new floating production, storage, and offloading (FPSO) vessel ...
MODEC Inc. has secured a contract from ExxonMobil Guyana Ltd. to develop a Floating Production, Storage, and Offloading (FPSO ...
The contract for the Hammerhead FPSO has been awarded to Modec on a Limited Notice To Proceed (LNTP) basis by ExxonMobil ...
Despite the usual risks, this year could prove pivotal for the majors in sub-Saharan Africa as they move on from legacy assets to new offshore and LNG projects.
ExxonMobil Guyana Ltd. has let a contract to MODEC Inc. to develop a floating production, storage, and offloading (FPSO) vessel for the Hammerhead project, marking the service provider’s second FPSO ...