Chevron’s reserves fell to 9.8 billion barrels in 2024, raising concerns about sustaining long-term production amid acquisition challenges
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…but deal to takeover Hess remains in limbo Kaieteur News-Chevron’s oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the importance of the United States’ major planned acquisition of oil producer Hess, that has stalled due to a court battle with Exxon Mobil. Reserve replacement is one of […]
Chevron’s reserves fell to 9.8 billion barrels in 2024, raising concerns about sustaining long-term production amid acquisition challenges
Kaieteur News- Hess Corporation has reported 247 million barrels of oil equivalent (boe) in net proved reserve additions and revisions in 2024,...
Editorial… Kaieteur News- John Hess, CEO of Hess Corporation, and 30% partner of ExxonMobil in Guyana’s rich Stabroek Block seemingly has a hot...
Kaieteur News-ExxonMobil Guyana Limited (EMGL), the operator of Guyana’s oil-rich Stabroek Block seems to have employed a new tactic to avoid...
Kaieteur News-The decommissioning monies taken out from Guyana’s oil profits will be revealed upon the completion of ongoing US$19.6B audit of...
Big Oil was once the antithesis of the asset-light, hyper-growth world of Silicon Valley. Now it’s looking to Big Tech to stay relevant.
Custos Energy has announced the completion of Chevron Namibia Exploration II Limited's farm-in into Petroleum Exploration License 82 (PEL 82), marking...
…says new discoveries do not equate to more oil for Guyana Kaieteur News-While Guyana has seen an increase in oil discoveries over the past years,...
Kaieteur News- The government of Guyana’s excessive spending of oil money could have long-term economic consequences, Opposition Member of...
– President Ali says, points to vast opportunities in tourism, agriculture DESPITE Guyana’s aspirations to become a...