The Guyana soldiers were on a resupply mission when they were confronted by armed men positioned on the Venezuelan side of the Cuyuni River.
Guyana's government expects a consortium led by U.S. oil major Exxon Mobil to brief officials by the end of March on plans to develop offshore gas, the country's vice president told Reuters.
The good news about oil stock Exxon Mobil (XOM) is that it is not resting on its laurels, content to merely pump out the same amount of oil. It
The consortium led by Exxon Mobil has requested environmental permits for its eighth project, the first that will generate gas not linked to oil production, and to explore another well.
Six soldiers in Guyana have been injured after armed men in neighboring Venezuela opened fire in an attack expected to further heighten tensions between the two South American countries
Guyana's average oil production fell to some 620,000 barrels per day in January from 656,000 bpd in December, the lowest monthly figure since August, the Natural Resources Ministry said on Friday in a report.
Exxon Mobil Corp. outlined plans to increase natural gas production from oil-focused Guyana and is considering options to export the fuel to global markets, country manager Alistair Routledge said Wednesday.
Chevron's oil and gas reserves have fallen to their lowest levels in at least a decade, highlighting the importance of the company's planned acquisition of Hess' Guyana assets.
Guyana expects to soon sign an oil production-sharing agreement with a consortium led by France's TotalEnergies that will allow it to explore an offshore area, Energy Minister Vickram Bharrat told Reuters.
ExxonMobil has contracted Norwegian seismic acquisition player Shearwater GeoServices to acquire a 4D survey offshore Guyana, where the US supermajor is developing the large Stabroek block. Shearwater on Monday in a statement said it would start a six-month 4D ocean bottom node survey for ExxonMobil Guyana in the first half of 2025,
Exxon Mobil plans to boost natural gas production in Guyana through a new large-scale project to include fertilizer plants.
Guyana and the Dominican Republic are making progress on accords for offshore oil and gas exploration and to build a fertilizer plant and potentially a refinery in the South American country, Dominican President Luis Abinader said on Tuesday.