Brazil’s oil regulator is set to grant exploration rights in a promising offshore region where state-controlled oil producer ...

CNOOC Ltd’s chief legal consultant has said he is confident about the upcoming arbitration hearing into the planned sale of US company Hess' stake in the prolific Stabroek block offshore Guyana ...

HANOI, April 1 (Reuters) - Japan's ENEOS Xplora has signed a new production-sharing contract for the Block 15-2 offshore southern Vietnam, the production and exploration arm of state oil firm ...

The document was signed after a Venezuelan coast guard vessel earlier this month entered ExxonMobil’s Stabroek block offshore Guyana, reportedly threatening its production units amid an ...

Partly cloudy with a high of 82 °F (27.8 °C). Winds NE at 11 mph (17.7 kph). Night - Partly cloudy with a 62% chance of precipitation. Winds from NE to ENE at 7 to 11 mph (11.3 to 17.7 kph). The ...

Guyana, which has significant offshore oil deposits ... by Exxon and partners Hess Corp. and CNOOC of China in the Stabroek Block, which contains an estimated 11 billion barrels of oil.

“It’s so bad.” But, scientists at the National Oceanic and Atmospheric Administration say there is no scientific evidence that noise resulting from offshore wind site surveys could ...

Donald Trump on Tuesday signed his latest executive order targeting a Big Law firm, Jenner & Block. The order is similar to one against Perkins Coie, which a federal judge blocked as unconstitutional.

Hess sold most of its less-competitive assets and is investing in two key regions: the North Dakota Williston Basin (home of the Bakken Shale play) and the Stabroek Block (offshore Guyana).

Guyana has become a major player in the global oil market due to substantial offshore oil discoveries, particularly within the Stabroek Block led by ExxonMobil. The country is projected to become ...