ExxonMobil files for arbitration in Guyana dispute that threatens $53Bln takeover of Hess Corp. by Chevron
ExxonMobil Corp. has filed for arbitration to retain pre-emption rights in a world-class oil field offshore Guyana in the northeast tip of South America, threatening Chevron Corp.’s agreed $53 billion acquisition of New York-based oil and gas company Hess Corp.
ExxonMobil expects slight delay in US Golden Pass completion but progresses on Mozambique and Papua New Guinea
ExxonMobil Corp. has told investors about the latest schedules for its various liquefied natural gas projects worldwide including a delay in the “mechanical completion” of the Golden Pass LNG export plant on the Gulf Coast and with progress promised in 2024 on Mozambique LNG and on the expansion joint venture in Papua New Guinea.
LNG leader ExxonMobil to invest $10Bln in Yellowtail field offshore South American nation of Guyana
Leading LNG producer ExxonMobil Corp. is continuing apace with its oil and natural gas ventures and has made a final investment decision for the multi-billion-dollar Yellowtail development offshore the South American nation of Guyana after receiving government and regulatory approvals.
Chinese LNG importer CNOOC starts South China Sea gas development to underpin output
China National Offshore Oil Corp, the owner of nine Chinese LNG import terminals, is pressing ahead with the Lingshui natural gas field development in the South China Sea that will become one of the main drivers of the company’s gas production in the 2020s.
