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

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(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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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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This comes amid reports that activist hedge fund Elliott Management has taken a stake in the British oil major, potentially pressuring the board and executives for higher shareholder returns. Elliott Managements rumored stake in the company has fueled speculation. at a TravelCenters of America site.

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