Exxon Archives - Energy Analytics Institute (EAI)

Exxon to send team to Venezuela in a few weeks, executive says

HOUSTON, TEXAS (By Sheila Dang and Tanay Dhumal, Reuters, 3.Mar.2026, Words: 235) — Exxon Mobil aims to send a technical team to Venezuela in a […]

EAI brief: Chevron Corp. eyes growth in Argentina, Guyana and Venezuela

BATON ROUGE, LOUISIANA (By Pietro D. Pitts, Energy Analytics Institute, 25.Feb.2026, Words: 149) — Chevron Corporation eyes future production growth in Argentina, Guyana and Venezuela, according […]

EAI analysis: building the initial case for privatizing Venezuela’s state-owned PDVSA

HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 29.Jan.2026, Words: 1,200) — State-owned Petróleos de Venezuela, S.A. (PDVSA) has long ranked among Latin America’s largest […]

Geopolitics loom large over Big Oil earnings as investors seek Venezuela details

HOUSTON, TEXAS (By Sheila Dang, Reuters , 29.Jan.2026, Words: 863) — Exxon Mobil and Chevron executives may face more questions about their investment opportunities in Venezuela than their […]

Noble reveals awards totaling $1.3bn, updates on Guyana, Trinidad and Suriname operations

MEXICO CITY, MEXICO and HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 26.Jan.2026, Words: 610) — Noble Corporation plc announced new contract awards for 9 rigs […]

Guyana’s gas bottling and fertilizer plants central to cost-of-living strategy, says PM Phillips

GEORGETOWN, GUYANA (By DPI, 18.Jan.2026, Words: 435) — The proposed gas bottling and fertilizer plants in Wales are central to the government’s cost-of-living strategy, aimed […]

Guyana’s gas-to-energy project envisioned in 2 phases, according to PM Mark Phillips

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 18.Jan.2026, Words: 189) — Guyana’s gas-to-energy (GtE) project, which will source natural gas from the offshore Liza […]

EAI analysis: Exxon, ConocoPhillips and Chávez’ nationalization decree of 2005

BOGOTÁ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 16.Jan.2026, Words: 176) — For what it’s worth, Venezuela’s late president Hugo Chávez announced a nationalization decree […]

Chevron, Shell, Repsol and Eni to immediately boost investments in Venezuela

BATON ROUGE, LOUISIANA (By Steve Stewart,Energy Analytics Institute, 9.Jan.2026, Words: 292) — US energy secretary Chris Wright stated that Chevron (US), Shell (UK), Repsol (Spain), and […]

EAI brief: Trump says Big Oil set to invest at least $100bn in Venezuela [photo gallery]

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 9.Jan.2026, Words: 90) — US president Donald Trump said Big Oil companies from the likes of Chevron, […]

EAI brief: US energy stocks from Exxon to Chevron rise on Venezuelan oil sector prospects

ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 6.Jan.2026, Words: 181) — Select US energy stocks were on the front foot on major stock exchanges on […]

EAI brief: Guyana is key growth asset for Chevron, Morgan Stanley says

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 13.Nov.2025, Words: 115) — Post closing of the Hess Corporation deal, Guyana is a key growth asset for Chevron […]

Exxon eyes Guyana production surpassing 900,000 boe/d with Yellowtail

HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 31.Oct.2025, Words: 253) — ExxonMobil Corporation’s Yellowtail project offshore Guyana was brought online in the third quarter […]

ExxonMobil experts on capturing, moving and storing CO2 along the US Gulf Coast

HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 28.Sep.2025, Words: 580) — The US Gulf Coast possesses critical drivers needed to provide a lower-cost […]

Trinidad officially closes 2025 Deep Water Competitive Bidding Round

PORT OF SPAIN, TRINIDAD AND TOBAGO (By MEEI, 18.Sep.2025, Words: 519) — On 17 Sep. 2025 the Ministry of Energy and Energy Industries (MEEI) officially […]

Venezuela’s Delcy Rodríguez calls Guyana a pawn of Marco Rubio and ExxonMobil [statement]

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 21.Aug.2025, Words: 192) — Venezuela’s executive vice president Delcy Rodríguez labelled neighboring Guyana, which is on […]

Trinidad and Tobago PM Persad applauds Exxon deal for block TTUD1

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 18.Aug.2025, Words: 246) — “Trinidad and Tobago’s landmark multi-million-dollar partnership with ExxonMobil marks a pivotal step […]

UPDATED EAI brief: MEEI, Ramps and Exxon comment on Exxon PSC for block TTUD1

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 15.Aug.2025, Words: 505) — Trinidad and Tobago’s Ministry of Energy and Energy Industries (MEEI) signed a […]

Guyana production capacity at 900,000 b/d with start of 4th offshore project Yellowtail

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 8.Aug.2025, Words: 288) — ExxonMobil Guyana announced the start of production at Yellowtail, the company’s fourth […]

ExxonMobil says 4th FPSO offshore Guyana related to Yellowtail arrives next week

HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 1.Aug.2025, Words: 236) — ExxonMobil Corporation expects the arrival next week of its fourth floating production, storage […]

ExxonMobil reports strong 2Q:25 results [pdf downloads]

SPRING, TEXAS (By Exxon, 1.Aug.2025, Words: 65) — ExxonMobil Corporation announced second-quarter 2025 (2Q:25) earnings of $7.1bn, or $1.64 per share assuming dilution. Cash flow […]

Exclusive: Exxon in talks with Trinidad for seven deepwater blocks, sources say

HOUSTON, TEXAS (By Curtis Williams, Reuters, 22.Jul.2025, Words: 487) — Exxon Mobil has begun negotiations with the Trinidad and Tobago government to explore for oil and […]

Chevron seals Hess deal as ExxonMobil’s Guyana challenge fails

(By Nilanjan Choudhury, Zacks, 21.Jul.2025, Words: 407) — Chevron Corporation (CVX) has finally completed its big purchase of Hess Corporation, a deal that was held up […]

Hess Corporation exits block 59 offshore Suriname

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 8.Jul.2025, Words: 364) — Hess (Suriname II) Exploration Limited will relinquish Block 59 in offshore Suriname […]

EAI brief: arbitrators in Exxon v Hess fight reach decision on Chevron’s $53bn merger

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 3.Jul.2025, Words: 215) — Chevron Corporation seems 1 step closer to pushing its proposed $53bn acquisition […]

US Supreme Court rejects Exxon’s appeal of $14.25mn air pollution penalty

(By Nate Raymond, Reuters, 30.Jun2025, Words: 432) — The U.S. Supreme Court turned away Exxon Mobil Corp‘s bid to overturn a $14.25 million civil penalty that a judge imposed […]

Venezuela’s ‘Black Gold’: 4 original upgraders Sincor, Petrozuata, Cerro Negro and Hamaca

PANAMA CITY, PANAMA / HOUSTON, TEXAS (Editors at Energy Analytics Institute, 8.Jun.2025, Words: 1,143) — Venezuela is blessed with numerous heavy-oil reservoirs, but none compares […]

LatAmNRG heard: Chinese takeover of Venezuelan refineries, Petrobras focus offshore Colombia

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 9.May.2025, Words: 460) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]

Exxon eyes $10bn Yellowtail start-up and Hammerhead FID in 2025

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 2.May.2025, Words: 257) — Spring, Texas-based ExxonMobil Corporation looks to startup its 250,000 barrel per day (b/d) […]

EXIM Bank ranks CH4’s gas-to-energy project in Guyana as “deal of the year”

HOUSTON, TEXAS (By editors at Energy Analytics Institute, 30.Apr.2025, Words: 305) — Puerto Rico-based engineering, procurement, construction (EPC) CH4 Systems received the US Export-Import Bank of the […]

Bharrat Jagdeo says Guyana pondering piped-gas exports to Trinidad and Tobago

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 28.Apr.2025, Words: 389) — Oil-rich Guyana is pondering potential piped natural gas exports to neighboring Trinidad and […]

ExxonMobil again accused by Delcy Rodríguez of stoking aggression against Venezuela

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 5.Apr.2025, Words: 267) — Venezuela’s executive vice president and hydrocarbon minister Delcy Rodríguez strongly denounced what she […]

New Wave Offshore Energy to Conduct MWS for ExxonMobil’s Whiptail Project Offshore Guyana

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 13.Mar.2025) — New Wave Offshore Energy has been selected to conduct the Marine Warranty Survey (MWS) for […]

LatAmNRG Heard: US pressures IOCs in Venezuela, Ebrard’s FDI expectations

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 7.Mar.2025, Words: 435) — LatAm and other NRG highlights, headlines and “heard on the street,” for the week […]

Exxon Applies for Longtail Environmental Permits: Reuters

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 13.Feb.2025) — Spring, Texas-based ExxonMobil Corporation has reportedly applied for environmental permits related to its Longtail development […]

Exxon Selects Baker Hughes for Chemicals Services for Uaru and Whiptail Developments

PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 3.Feb.2025) — Baker Hughes revealed a significant award from ExxonMobil Guyana to provide specialty chemicals and related […]

ExxonMobil eyes Yellowtail development startup Offshore Guyana in 3Q:25

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — ExxonMobil Corporation expects the startup of the 250,000 barrel per day (b/d) Yellowtail development in the […]

Exxon Eyes Production of 5.4 MMboe/d in 2030, Aided by Permian and Guyana Volumes

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 31.Jan.2025) — ExxonMobil Corporation has an eye on boosting upstream production to around 5.4 million barrels per […]

Exxon Mobil Reports 4Q:24 Earnings of $7.6bn [PDF Download]

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — Exxon Mobil Corporation announced fourth-quarter 2024 earnings of $7.6bn, or $1.72 per share assuming dilution. Cash […]

US Upstream M&A Deals Reach $105bn in 2024

BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 29.Jan.2025) — Enverus subsidiary Enverus Intelligence® Research (EIR), said upstream merger & acquisition (M&A) deals closed in […]

Chevron Boasts First Oil at Future Growth Project in Kazakhstan

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 23.Jan.2025) — Chevron Corporation‘s 50% owned affiliate Tengizchevroil LLP (TCO) started oil production at its Future Growth Project […]

Fact sheet: $30.25/bbl breakeven for first 4 Stabroek developments offshore Guyana

HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 9.Jan.2025, Words: 581) — Not even crude oil prices down to $35/bbl will impact the ability […]

SBM Offshore completes $1.5bn FPSO Jaguar financing

CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 21.Nov.2024) — SBM Offshore completed the project financing of the floating production storage and offloading (FPSO) vessel Jaguar […]

Hess says net production in Guyana in 3Q:24 rose 57% year-over-year

HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 30.Oct.2024) — New York City-based Hess Corporation said its net production in the prolific Stabroek block offshore […]

EAI’s NRGBriefs: Sep. 2024

(Energy Analytics Institute, 30.Sep.2024) — Energy briefs as well as others related to finance and projects during Sep. 2024 including Petrobras inking separate MOUs with […]

Exxon Director Joins Elliott Seeking to Acquire Citgo Petroleum

(Reuters, 28.Sep.2024) — Exxon Mobil board director Gregory Goff recently joined a newly formed Elliott Investment Management-backed company seeking to acquire control of Venezuela-owned oil […]

Chevron Agrees Hess CEO Will Not Join Board in Deal with US Regulator, Bloomberg Reports

(Reuters, 26.Sep.2024) — U.S. energy major Chevron has agreed Hess CEO John Hess will not join its board in an agreement with the U.S. Federal […]

FTC set to greenlight Chevron’s $53bn buy of Hess

HOUSTON, TEXAS (By Reuters, 24.Sep.2024, Words: 429) — The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron‘s purchase of Hess as […]

Noble Corp. Closes Diamond Acquisition

(Noble, 4.Sep.2024) — Noble Corporation plc announces the completion of its acquisition of Diamond Offshore Drilling, Inc. This transaction enhances Noble’s position as a leading offshore […]

Chevron Boosts Recovery at Two Facilities in US GOM

(Chevron, 3.Sep.2024) — Chevron Corporation has started water injection operations at two projects to boost oil and natural gas recovery at the company’s existing Jack/St. […]