ExxonMobil Reveals $4.9bn Purchase of Denbury

(Exxon Mobil, 13.Jul.2023) — Exxon Mobil Corporation (NYSE: XOM) entered into a definitive agreement to acquire Denbury Inc. (NYSE: DEN), an experienced developer of carbon capture, utilization […]

Heard: Petronas Spuds Well Offshore Suriname

(Energy Analytics Institute, 4.Nov.2020) — Malaysia-based Petronas and US-based ExxonMobil have commenced drilling of an exploratory well offshore Suriname in Block 52, according to sources […]

ConocoPhillips Swoops On Concho In $9.7bn Deal

(WoodMac, 19.Oct.2020) — Speaking after ConocoPhillips announced it will take over Concho Resources in a $9.7 billion all-stock deal, Robert Clarke, vice president, Lower 48 […]

Exxon Could Delay Third Guyana Project

(Reuters, 7.Apr.2020) — Exxon Mobil Corp said on Tuesday the start of production at its Payara project in Guyana, its third major development in the […]

Can Guyana Survive Striking It Rich?

(Bloomberg, Mac Margolis, 5.Nov.2019) — Early last month, Guyanese President David Granger was knees-down in a community garden brandishing a spade. Granger was there to plant […]