This new venture is expected to significantly boost the country's oil output and joins three other projects already in ...

ExxonMobil is poised to benefit significantly from Guyana's emergence as a major oil-producing nation due to favorable terms ...

ExxonMobil has significantly increased Guyana's oil production capacity with the launch of the Yellowtail project, bringing ...

Guyana’s oil production capacity has grown to over 900,000 barrels per day (bpd) as Exxon Mobil Corp. and its partners in the ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Venezuela on Monday filed its final written pleadings to the International Court of Justice (ICJ) in Guyana’s case over the ...

BP is not the only driller betting big on South America, which last year produced around two-fifths as much crude oil as ...

Energy groups are refocusing on exploration in anticipation of the world remaining hooked on fossil fuels for decades ...

Yellowtail’s ONE GUYANA floating production storage and offloading (FPSO) vessel joins the Destiny, Unity, and Prosperity ...

CNOOC Ltd and 80883 has announced that Yellowtail Project has commenced production safely ahead of schedule.

An Exxon Mobil-led consortium began production at a fourth floating production, storage and offloading vessel at the Stabroek ...

Oil prices steadied on Monday, after falling more than 4% last week, as investors looked towards talks this week between the U.S. and Russia over the war in Ukraine.