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Exxon bets big on natural gas in its eighth Guyana oil project

Oil & Gas 360ยบ

(Oil Price) –ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. Longtail, which will include the Longtail, Tripletail, and Turbot discoveries, will be the consortiums eighth project offshore the South American country.

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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360ยบ

this year, actively pursuing international partnerships following a revision of its Hydrocarbons Law in 2029. Senegals Petrosen and Mauritanias SMH worked alongside bp and Kosmos Energy to develop the Greater Tortue Ahmeyim LNG project situated on the maritime border of the two countries and producing first LNG in January 2025.

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Profits or Planet? BPโ€™s โ€˜New Beginningโ€™: The Shift from Low Carbon to Core Oil and Gas and Q4 2024 Results

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Still, market watchers see the move as part of a larger trend: investors pushing traditional energy companies to maximize immediate shareholder returns rather than spending heavily on lower-carbon initiatives that may take years to pay off. Renewable Natural Gas (RNG) : Archaea Energy started up nine new RNG plants in the U.S.,

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