Exxon Mobil makes fifth oil discovery off Guyana
GEORGETOWN - Exxon Mobil Corporation today announced a fifth new oil discovery after drilling the Turbot-1 well offshore Guyana. This is its latest discovery to date in the country, adding to previous discoveries More...
Exxon Mobil could be first to start pumping oil in Guyana waters
The Exxon Mobil rig in Guyana’s waters. GEORGETOWN – American oil giant Exxon Mobil Corporation is moving full steam ahead with plans to transform Guyana into a major oil producer. In what industry experts More...
Order for Venezuela to pay Exxon $1.4 bln in damages overturned
CARACAS - A World Bank tribunal’s order for Venezuela to pay $1.4 billion in damages to Exxon Mobil Corp over nationalizations has been annulled, a lawyer for the Venezuelan government said on Thursday. The case More...
Could Guyana end up among the world’s major oil producers?
International oil and gas company Exxon Mobil struck liquid gold a second time in its exploration efforts offshore Guyana. GEORGETOWN - A leading consultancy firm says Guyana is poised to join the world’s major More...
