Occidental's performance is tied to Brent price, and Exxon Mobil holds advantaged assets in Guyana.
1 report, 1 independent
Updated Jun 12
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What happened
Occidental's performance is tied to Brent price, and Exxon Mobil holds advantaged assets in Guyana.
Who's involved
What this event is mainly aboutKeep exploring
Part of
ExxonMobil made over 35 oil discoveries in Guyana, making it a major producer, while Middle East tensions persist over the Strait of Hormuz.Also in this story
- Project success in Guyana has accelerated investment recovery for ExxonMobil.
- Oil discoveries in Guyana are being hampered by issues with the existing contract terms.
The entities involved
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Occidental Petroleum
American oil company
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Mobil
former American oil company
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Guyana
country in South America