Petrobras PBR, Brazil’s state-controlled oil giant, has secured a key regulatory approval to initiate emergency response drills in the Foz do Amazonas basin, situated near the mouth of the Amazon ...

Exxon Mobil (NYSE:XOM) turned lower into the close, finishing +0.3% on Tuesday, following a Bloomberg report that Venezuela's ...

An Exxon Mobil-led consortium began production at a fourth floating production, storage and offloading vessel at the Stabroek ...

Chevron closed its acquisition of Hess, which held a 30% stake in the consortium, in July after prevailing in a lengthy legal ...

The South American country of Guyana has recently emerged as a world-recognized oil-producing nation. This occurred due to ...

ExxonMobil has significantly increased Guyana's oil production capacity with the launch of the Yellowtail project, bringing ...

CNOOC Ltd and 80883 has announced that Yellowtail Project has commenced production safely ahead of schedule.

This new venture is expected to significantly boost the country's oil output and joins three other projects already in ...

Guyana’s oil production capacity has grown to over 900,000 barrels per day (bpd) as Exxon Mobil Corp. and its partners in the ...