Page 21 - Stabroek News Today

The unified arbitration was approved after a March 26 application, according to a Hess letter to stockholders included in a Chevron regulatory filing on Thursday. Exxon and Beijing-based Cnooc, which own 45% and 25% of Stabroek, respectively, argue they have a right of first refusal over Hess’s stake in the block.

Exxon and CNOOC have merged their arbitration claims against Chevrons takeover of Hesss stake in the prolific Stabroek oil block offshore Guyana.

ExxonMobil and China National Offshore Oil Corporation (CNOOC) have merged their arbitration claims against Chevron’s takeover of Hess&rsquo...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

XOM, DRQ, SHEL, GLPEY and CVX emerge as the energy headline makers during the week.

The incident in which two policemen were, earlier this month, reportedly caught up in a scam during which they pretended to be attached to the Force’s Special Organised Crime Unit

ExxonMobil is not resting on its laurels after its giant Stabroek discovery offshore Guyana, where production is set to double to 1.2mn b/d by 2027. John Ardill, the company's vice-president of exploration, spoke with Argus' Stephen Cunningham on the sidelines of the CERAWeek by S&P Global conference in Houston, Texas.

Officials from the United Kingdom and Uruguay met in London for the second meeting of the Trade Dialogue on 19th March 2024. The dialogue continued its work to enhance trade and investment, support sustainable development, and promote the exchange of knowledge and experiences. At the meeting, officials reflected on the progress made since the last dialogue.

Exxon Mobil Corp. is convinced its interpretation of intent in a Guyanese oil contract signed a decade ago will prevail in a landmark arbitration case against Chevron Corp.

Esgian reports fresh finds confirmed in Guyana, China and Norway in its Week 12 Rig Analytics Market Roundup.Report Outline…