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Chevron and Exxon Mobil clash in arbitration over control of the Hess oil asset in Guyana, one of the world's largest oil discoveries.
Chevron and Exxon Mobil clash in arbitration over control of the Hess oil asset in Guyana, one of the world's largest oil discoveries.
ExxonMobil and its partners launch the Hammerhead project in Guyana, targeting production of 120,000 to 180,000 barrels per day and incorporating up to 30 wells.
ExxonMobil and its partners launch the Hammerhead project in Guyana, targeting production of 120,000 to 180,000 barrels per day and incorporating up to 30 wells.
Latin America will see its onshore wind capacity double to 79 GW over the next ten years, with Brazil, Chile and Argentina accounting for 81% of this regional growth, according to Wood Mackenzie.
Latin America will see its onshore wind capacity double to 79 GW over the next ten years, with Brazil, Chile and Argentina accounting for 81% of this regional growth, according to Wood Mackenzie.
ExxonMobil plans to drill up to 30 wells for its seventh oil project in Guyana, named Hammerhead, targeting production in 2029 with increased daily capacity.
ExxonMobil plans to drill up to 30 wells for its seventh oil project in Guyana, named Hammerhead, targeting production in 2029 with increased daily capacity.
According to the International Energy Agency (IEA), global oil demand will grow moderately in 2024, mainly due to lower Chinese consumption and increased energy efficiency.
According to the International Energy Agency (IEA), global oil demand will grow moderately in 2024, mainly due to lower Chinese consumption and increased energy efficiency.
Onshore wind capacity in South America will reach 79 GW by 2033, boosted by 40 GW of new installations, according to Wood Mackenzie.
Onshore wind capacity in South America will reach 79 GW by 2033, boosted by 40 GW of new installations, according to Wood Mackenzie.
The Government of Guyana has selected Fulcrum LNG, headed by a former ExxonMobil executive, to collaborate with Exxon in the development of a new natural gas project.
The Government of Guyana has selected Fulcrum LNG, headed by a former ExxonMobil executive, to collaborate with Exxon in the development of a new natural gas project.
Under the presidency of Gustavo Petro, Colombia is experiencing a historic turning point in terms of energy and environmental policy. With a firm commitment to energy transition, the Petro government aims to reduce the country's dependence on fossil fuels.
Under the presidency of Gustavo Petro, Colombia is experiencing a historic turning point in terms of energy and environmental policy. With a firm commitment to energy transition, the Petro government aims to reduce the country's dependence on fossil fuels.
OPEC+ is maintaining its production cuts until September, causing fluctuations in crude prices and increased demand for VLCC carriers, according to experts.
OPEC+ is maintaining its production cuts until September, causing fluctuations in crude prices and increased demand for VLCC carriers, according to experts.
Seoul approves exploratory drilling for a potential 14 billion barrels of oil and gas in the East Sea.
Seoul approves exploratory drilling for a potential 14 billion barrels of oil and gas in the East Sea.

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