Oil prices are having a down year. Brent, the global benchmark price, has fallen 15% to around $63 a barrel. That slump has ...

The recent seizure of an oil tanker known as Skipper by the U.S. off the coast of Venezuela marks a dramatic escalation of ...

Exxon Mobil Corporation XOM is among the largest integrated energy companies, but generates the majority of its earnings from ...

This contract marks a major step forward for the sector, as it allows the transport of chemicals in Guyana by a PSV for the ...

Ghana-based player Cybele Energy on 9 December finally signed the PSA for shallow-water Block S7 after paying a signature ...

French offshore services provider Bourbon has signed a five-year contract, with extension options, with ExxonMobil Guyana ...

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The Ghanaian company, Cybele Energy, bid US$17 million upfront for a shallow water well that the company believes contains at ...

ExxonMobil has increased its Corporate Plan through 2030 based largely on expected strength from its Permian operations ...

Executives now see their operations in the basin generating 2.5 MMboe/d and expect the area to generate 60% of the company’s ...

Today, Exxon issued a press release, informing investors it was raising its 2030 earnings and cash flow targets.