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World’s Biggest New Oil Find Turns Guyana Upside Down

GEORGETOWN, Guyana—To mark the flow of the world’s biggest oil discovery in years, President David Granger declared a...

Coronavirus Meltdown Continues As Brent Drops Below $50

As fears of the coronavirus outbreak reaching pandemic levels continue to spread, markets have taken a beating. Investors are panic...

Eni Strikes Oil Offshore Mexico

Italy’s Eni has announced a new oil discovery offshore Mexico, in the Sureste Basin, saying it could contain between 200...

The Most Exciting Oil Plays Of 2020

"On a long enough timeline, the survival rate for everyone drops to zero.’’For better or for worse, that grim...

Oil Market Falls Deeper Into Abyss

The oil market is “troubled by both rising demand worries and rising fuel stocks,” said Ole Sloth Hansen, head of...

Hess Raises 2020 Capex To $3B To Develop Bakken, Guyana

U.S. oil producer Hess Corporation said on Tuesday it expects to allocate US$3 billion for production, development, and exploration in...

Exxon Strikes It Big In Guyana, Ups Resource Estimate To 8...

ExxonMobil has revised upward its estimate of recoverable resources offshore Guyana by 2 billion barrels of oil equivalent to 8...

4 Promising Oil Trends To Watch In 2020

Since the turn of the year, energy stocks have become a put owner’s dream--what with the energy sector virtually generating...