ExxonMobil made its eighth oil discovery offshore Guyana at the Longtail-1 well in the Stabroek Block on June 20. The company encountered 256 feet of oil-bearing sandstone. The well was drilled to ...
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ExxonMobil’s CEO, Alistair Routledge yesterday said that its estimate of barrels of oil equivalent offshore (boe) is just under 11b compared to the government’s figure pf 11.6b boe. Routledge ...
Former auditor general Anand Goolsarran has said that it is unfortunate that President Irfaan Ali continues to use “sanctity of contract” as a reason to not look into the 2016 Petroleum ...
XOM has a strong balance sheet, hence it can withstand adverse business environments. It has a total debt-to-capitalization of 13.5%. Compared to the 22.6% debt-to-capitalization of composite stocks ...
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