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

Oil & Gas 360º

MAY 28, 2025

(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. Guyana is now the third-largest per-capita oil producer in the world, according to the U.S. supermajor. supermajor.

Barrel

Barrel Oil Offshore Casing

ExxonMobil CEO Darren Woods on Doubling Recovery Rates and the Future of Fracking

Oil Gas Leads

MARCH 31, 2025

In a recent interview on CNBC, ExxonMobil Chairman and CEO Darren Woods shared compelling insights into the companys long-term strategy for unlocking greater value from unconventional oil and gas resourcesspecifically through advanced fracking technology and the goal of doubling recovery rates. As the company moves forward with its $59.5

Hydraulic Fracturing

Hydraulic Fracturing Oil Oil In Place Gas

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

ExxonMobil CEO Darren Woods on Doubling Recovery Rates and the Future of Fracking

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