By Sheila Dang HOUSTON - Hess CEO John Hess on Tuesday said he sees the oil market as closer to being balanced than ...

By Sheila Dang HOUSTON (Reuters) -Hess CEO John Hess said on Tuesday he sees the oil market as closer to being balanced than ...

Portugal's oil company Galp Energia shares ... already extracting 122,000 bpd in 2023. The Galp discovery at Mopane field has been compared to Guyana’s Stabroek block, an 6.6 million acre ...

In a stunning development, it took a mere four years for Guyana to go from the first defense discovery, , made in 2015 with Exxon’s Liza-1 exploration well, to the first oil in 2019. This is ...

The discovery of huge oil reserves in Guyana could change the future of the nation South America's second poorest nation is bracing for an oil boom that could catapult it to the top of the ...

President of Guyana Irfaan Ali has acknowledged ... In 2015, when US oil major Exxon made its first discovery in Guyanese waters, gross domestic product per head was $11,000 (£9,380).

The country is endowed with fertile agricultural lands, valuable mineral resources - including bauxite and gold - extensive tropical forests that cover 80 percent of the country, and recently ...

In the last decade, more than 11 billion barrels of conventional oil and gas have been discovered. The recent discoveries off the coast of Guyana have already started to have an outsized effect on ...

“We're looking for new resource trying to ensure we understand the resources we’ve already discovered ... would rank Guyana as one of the world’s 20 largest oil producing countries.

ExxonMobil, a leading United States oil company, has announced plans to expand drilling operations at the Ranger-1 discovery within the Stabroek Block, ...

Hess Chief Executive John Hess said on Tuesday that he believes the oil market is closer to being in balance than it is ...

Guyana has officially emerged as the third-largest per-capita oil producer in the world, a milestone attributed to its ...