An Exxon-led partnership recently approved the Hammerhead project in Guyana. The project is one of many that help fuel Exxon's bold 2030 plan. Chevron's acquisition of Hess gave it a stake in this ...

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Guyana has emerged as a significant oil-producing nation due to major discoveries by ExxonMobil in the offshore Stabroek Block, positioning it to become a top global oil producer. ExxonMobil, with a ...

Darren W. Woods, Chairman and CEO, emphasized the strength of ExxonMobil’s diversified business, stating, "This quarter once again proved the value of our strategy and our competitive advantages. They ...

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HOUSTON (Reuters) -Exxon Mobil said on Monday it greenlit funding its seventh development project in Guyana called Hammerhead, bringing its oil joint venture another step closer to its goal of ...

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The Canada-Newfoundland and Labrador Offshore Petroleum Board said on Thursday it approved plans by an Exxon Mobil-led group to develop the Hebron oil field offshore Newfoundland. The decision means ...

ExxonMobil (NYSE: XOM) and its partners, which now include Chevron (NYSE: CVX), have approved the Hammerhead project offshore Guyana. The companies expect to invest $6.8 billion in developing the ...