US supermajor ExxonMobil has officially relinquished 20% of the area of the prolific Stabroek block offshore Guyana.

The country accounts for nearly half of all such units in operation worldwide, thanks in most part to the strong and steady ...

BofA's Salisbury sees limited downside and long-term upside for Chevron as the Hess arbitration decision nears a resolution.

Hess relinquished the block to state-owned Staatsolie, following the withdrawal and transfer of participation stakes by ...

Chevron is pushing ahead with its $53 billion acquisition of Hess, preparing for integration and layoffs while awaiting an ...

US-based oil and gas company Hess has announced its decision to relinquish its interest in Block 59 offshore Suriname. The ...

Hess exits Suriname's Block 59 near the border with Guyana, returning acreage to state oil firm Staatsolie, fulfilling ...

Chevron CVX.N is laying the groundwork to swiftly close its planned acquisition of smaller oil producer Hess HES.N, according ...

Exxon, Chevron, and others are increasingly eyeing South America for low-cost, low-emission production as shale basins mature ...

The arbitrators in a legal dispute between Exxon Mobil (XOM.N), and Hess (HES.N) have reached a decision related to a major ...

By bne IntelliNews The arbitrators in a legal dispute between ExxonMobil and Hess have reportedly reached a decision. Citing ...

The outcome of a key arbitration case between Exxon Mobil (NYSE:XOM) and Hess Corp (NYSE:HES) could determine the fate of ...