This week, a private arbitration panel in London began hearing the arguments of U.S. supermajors ExxonMobil and Chevron ...

The feud has chilled the relationship between their CEOs. It comes to a head when arbitration starts Monday.

Two of the world’s biggest oil companies, Exxon Mobil ( NYSE: XOM) and Chevron ( NYSE: CVX ), are locked in a tense dispute ...

A high-stakes arbitration in London will determine whether Chevron can proceed with its $53 billion acquisition of Hess and ...

A high-stakes corporate clash is unfolding between Chevron CVX and ExxonMobil XOM — two of the world’s largest oil companies. At the heart of the dispute is Guyana’s offshore Stabroek Block, a massive ...

Following the pandemic-induced recession in 2020, economic growth recovered in 2021, with non-oil GDP growth reaching 4.6 percent, despite being negatively impacted by floods. Inflation increased ...

According to a government bulletin published on Friday, oil production in Guyana decreased to 611,000 barrels of oil per day (bpd) in April.