An Exxon Mobil-led oil consortium has returned 2,534 square kilometers of the Stabroek Block in Guyana back to the government, the Ministry of Natural Resources said in a statement on Wednesday.

The preparations come as both companies await a decision in a legal challenge from larger rival ExxonMobil that will make or break the $53-billion deal.

The Ministry of Natural Resources has announced that in conjunction with the Guyana Geology and Mines Commission (GGMC), it has completed the review of ExxonMobil Guyana Limited’s (EMGL’s) ...

Whyte reportedly told investigators that upon seeing Duke, he recalled their past issues, ran after him, and struck him twice in the head with a concrete block. Duke was rendered unconscious and taken ...

The English side struggled to find their way through against Fluminense’s defensive block but they broke the deadlock in the 18th minute thanks to Joao Pedro’s shot from the edge of the box into the ...

Both companies carry strong balance sheets, offer well-covered dividends, and trade at attractive valuations. Click for more ...