exxonmobil Archives

March 19, 2026

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ExxonMobil Guyana injected some $146 billion into the local economy in 2025 through spending on local suppliers, underscoring the industry’s growing impact on businesses and employment. Speaking during a press conference today, President and General Manager of ExxonMobil Guyana Limited, Alistair Routledge, said that some 2,000 Guyanese suppliers were engaged in supporting offshore operations and […]

October 17, 2025

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Two Indian refiners have bought 4 million barrels of Guyanese crude oil from U.S. major Exxon Mobil to be delivered at the end of 2025 or in early 2026, in rare imports from the South American producer, trade sources said on Friday. Indian Oil Corp, the country’s largest refiner by capacity, has bought 2 million […]

October 9, 2025

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The Greater Guyana Initiative (GGI), in partnership with the Ministry of Education and Recover Guyana, on Thursday launched FLOW: National Water Purification and Sustainability Initiative for Secondary Schools, a landmark project aimed at providing clean, safe drinking water and promoting environmental sustainability across the country’s education sector. Through the initiative, 141 secondary schools, 10 Technical […]

August 14, 2025

In the wake of last week’s announcement by ExxonMobil of the commencement of production from a fourth major oil development in the Stabroek area offshore Guyana, the size of the revenue stream due to the country’s government and it’s 800,000 citizens now stands to rise to as high as $10 billion annually by 2030. The […]

July 4, 2025

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The arbitrators in a legal dispute between Exxon Mobil (XOM.N), opens new tab and Hess (HES.N), opens new tab have reached a decision related to a major oilfield project in Guyana, according to two sources familiar with the matter. The ruling will determine whether Chevron (CVX.N), opens new tab can move forward with its $53 […]

May 2, 2025

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ExxonMobil Corporation today announced first-quarter earnings for 2025 of US$7.7 billion, attributing its success to key developments in the Guyana oil industry and other international assets. The company, in a statement, said cash flow from operating activities was US$13.0 billion and free cash flow was US$8.8 billion. Shareholder distributions of US$9.1 billion included US$4.3 billion […]

April 22, 2025

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Japanese shipbuilder MODEC has been awarded its second contract for the development of a Floating Production, Storage, and Offloading (FPSO) vessel, this time for the seventh oil project, Hammerhead. MODEC made the announcement in a release on Monday, highlighting that the contract is a Limited Notice To Proceed (LNTP) by ExxonMobil Guyana, pending necessary government […]

February 12, 2025

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ExxonMobil Guyana is preparing to submit field development plans that will see the oil giant extracting at least 1 billion cubic feet of natural gas per day once the Longtail project comes on stream. Longtail is Exxon’s eighth project within the offshore Stabroek block. At a press conference today, company President Alistair Routledge said […]

Tag: exxonmobil

ExxonMobil injected $146B into local businesses in 2025

Indian refiners make rare purchases of Guyanese grades

Over 150 schools to benefit from national water purification initiative

Guyana positioned as powerhouse in the region

Arbitrators in Exxon, Hess dispute over Chevron deal have reached a decision, sources say

Exxon earns US$7.7 billion in first quarter

MODEC secures FPSO contract from ExxonMobil’s 7th Project

ExxonMobil plans substantial gas field development at Longtail project

From stay-at-home mom to solar trainee: GUYSOL Programme lights the way for women in renewable energy

Ballers Empire stun Leopold Street to claim national street football crown

Two Canje families homeless after fire allegedly started by unattended child playing with matches

From stay-at-home mom to solar trainee: GUYSOL Programme lights the way for women in renewable energy

Ballers Empire stun Leopold Street to claim national street football crown

Two Canje families homeless after fire allegedly started by unattended child playing with matches