GEORGETOWN, Guyana (AP) — Guyana’s President Irfaan Ali on Saturday denounced an incursion by an armed Venezuelan naval vessel in disputed waters that are home to a mammoth offshore oil deposit being developed by ExxonMobil. In a televised address, Ali
GEORGETOWN, Guyana (AP) — Guyana’s President Irfaan Ali on Saturday denounced an incursion by an armed Venezuelan naval vessel in disputed waters that are home to a mammoth offshore oil deposit being developed by ExxonMobil. In a televised address, Ali
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The sale is expected to help the US oil firm to focus on newer venture projects in Permian Basin, Texas in the US, offshore Brazil, and Guyana.Recently, ExxonMobil has reported earnings of $4.7bn for Q2 2021 compared with a $1.1bn loss a year ago....
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Executive Darren Woods to catch up with competitors who carried out sweeping portfolio reviews and sold swathes of assets following the 2014 market crash.’ According to Reuters, the sell off ‘would free up cash to invest in new developments in Guyana, Mozambique, PNG, Brazil and the United...