News

Hess (HES) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings ...
By bne IntelliNews The arbitrators in a legal dispute between ExxonMobil and Hess have reportedly reached a decision. Citing ...
US supermajor ExxonMobil has officially relinquished 20% of the area of the prolific Stabroek block offshore Guyana.
An Exxon Mobil-led oil consortium has returned 2,534 square kilometers of the Stabroek Block in Guyana back to the government ...
Offshore Technology on MSN2d
Hess exits Suriname’s offshore Block 59
US-based oil and gas company Hess has announced its decision to relinquish its interest in Block 59 offshore Suriname. The ...
Hess relinquished the block to state-owned Staatsolie, following the withdrawal and transfer of participation stakes by ...
Chevron is laying the groundwork to swiftly close its planned acquisition of smaller oil producer Hess , according to two sources and an industry analyst, including by preparing a severance program ...
Chevron is pushing ahead with its $53 billion acquisition of Hess, preparing for integration and layoffs while awaiting an ...
Following a recent article published in the media concerning the 20% relinquishment of the Stabroek Block by the operator, ...
Tag: Stabroek Block. Thursday, November 10th 2022 - 10:30 UTC Guyana becoming the world's most exciting oil frontier: with a million bpd by 2030. No end to surprises from offshore Guyana and an ...
Pluma was ExxonMobil’s 10th oil discovery in the Stabroek Block. The Pluma-1 well was drilled in a new reservoir, encountering approximately 121 feet (37 metres) of high-quality hydrocarbon ...
Stabroek Block 2016 PSA Agreement was a Coalition copy of the PPP/C’s 1999 Contract and does not preclude our prerogative to ringfencing. By Stabroek News. June 14, 2025. Dear Editor, ...