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U.S. oil giants fight over Guyana’s 11-billion barrel treasure trove

Oil & Gas 360º

(Oil Price) –This week, a private arbitration panel in London began hearing the arguments of U.S. supermajors ExxonMobil and Chevron regarding their rights to one of the worlds most lucrative oil projects. It was growth in the Permian and offshore Guyana that helped Exxon beat analyst estimates in its Q1 earnings.

Barrel 130