Green Car Congress

JANUARY 6, 2022

ExxonMobil made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana. These discoveries will add to the previously announced recoverable resource estimate for the block, of 10 billion oil-equivalent barrels. Hess Guyana Exploration Ltd. The Stabroek block is 6.6

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Guyana Oil Singapore Water 210

Green Car Congress

DECEMBER 22, 2019

ExxonMobil has started oil production from the Liza field offshore Guyana ahead of schedule and less than five years after the first discovery of hydrocarbons, which is well ahead of the industry average for deepwater developments. Esso Exploration and Production Guyana Limited is operator and holds 45% interest.

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Green Car Congress

DECEMBER 24, 2019

ExxonMobil announced an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15 th discovery on the Stabroek Block. Mako-1 encountered approximately 164 feet (50 meters) of a high-quality oil bearing sandstone reservoir. Hess Guyana Exploration Ltd. Earlier post.). Earlier post.).

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Green Car Congress

APRIL 28, 2022

ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels. The three discoveries are southeast of the Liza and Payara developments and bring to five the discoveries made by ExxonMobil in Guyana in 2022.

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Guyana Water Oil Affordable 195

Green Car Congress

AUGUST 9, 2023

The US Energy Information Administration (EIA) expects US crude oil production to surpass 12.9 In its August Short-Term Energy Outlook (STEO), EIA forecasts US crude oil production to average 12.8 EIA forecasts the Brent crude oil price to increase the rest of 2023 and to approach $90 per barrel in late 2023. per gallon.

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Green Car Congress

JANUARY 7, 2018

ExxonMobil Corporation announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015. billion recoverable oil-equivalent barrels. Despite much naysaying and attacks against this process, I am confident that Guyana is on the right path.

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Guyana Oil South America Suriname 150

Green Car Congress

JULY 1, 2016

Exxon Mobil Corporation said that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class discovery with a recoverable resource of between 800 million and 1.4 billion oil-equivalent barrels. Hess Guyana Exploration Ltd. approximately 2 miles (3.3

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Guyana Oil Miles Water 150

Green Car Congress

FEBRUARY 12, 2022

ExxonMobil has started production at Guyana’s second offshore oil development on the Stabroek Block, Liza Phase 2, bringing total production capacity to more than 340,000 barrels per day in only seven years since the country’s first discovery. Liza Unity on her way to Guyana. The Liza Unity arrived in Guyana in October 2021.

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Guyana Production Oil Store 259

Green Car Congress

JUNE 17, 2017

Exxon Mobil Corporation will proceed with the first phase of development for the Liza field, one of the largest oil discoveries of the past decade, located offshore Guyana. billion oil-equivalent barrels, which includes Liza and other successful exploration wells on Liza Deep, Payara and Snoek. Hess Guyana Exploration Ltd.

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Guyana Oil Water Corporation 150

Green Car Congress

JANUARY 11, 2023

EIA expects crude oil prices to decrease through 2023 and 2024, even as petroleum consumption increases, largely because growth in crude oil production in the United States and abroad will continue to increase over the next two years. Areas of uncertainty include Russian oil supply and OPEC production. per gallon in 2024.

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Oil Prices Oil Global Price 210

Green Car Congress

OCTOBER 8, 2021

ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana ( earlier post ) to approximately 10 billion oil-equivalent barrels. ExxonMobil affiliate Esso Exploration and Production Guyana Limited is operator and holds 45% interest in the Stabroek Block.

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FEBRUARY 9, 2018

billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. billion oil-equivalent barrels at year-end 2017. During 2017, proved additions at Upper Zakum in Abu Dhabi totaled more than 800 million barrels of crude oil. Exxon Mobil Corporation added 2.7 Resource Base.

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Green Car Congress

NOVEMBER 21, 2012

The two will install the units for a bioethanol demonstration plant at the Guyana Sugar Corporation (Guysuco) Albion Sugar Factory, and will be delivering a turnkey unit early next year. After detailed studies it was concluded that locally produced biofuels could have a positive impact in Guyana.

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Guyana Installation Companies Climate Change 199

Green Car Congress

JUNE 18, 2022

Canada’s growth in crude oil and natural gas production during 2022 and 2023 is driven primarily by expanding oil sands and debottlenecking projects. Canada’s growth is due in part to the Enbridge Line 3 crude oil pipeline expansion (760,000 b/d capacity), which became operational in October 2021. million b/d in 2021 to 3.9

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Green Car Congress

MARCH 17, 2020

Woods the had also outlined progress on key projects that support ExxonMobil’s growth plans, including: In Guyana, the estimated gross recoverable resource from the Stabroek Block increased to more than 8 billion oil-equivalent barrels, in part as a result of six additional discoveries made in 2019 and 2020. million net acres.

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The Truth About Cars

OCTOBER 23, 2023

It seems the acquisition will provide Chevron with a meaningful foothold in Guyana, a spot on our planet described as one of the world’s newest oil producers of note. But you know this deal was about more than gaining a few filling stations – much more, as those in the know are all too willing to explain.

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Green Car Congress

MAY 30, 2019

ExxonMobil expects to increase annual earnings potential by more than 140% and double potential annual cash flow from operations by 2025 from 2017 adjusted earnings, assuming a 2017 oil price of $60 per barrel adjusted for inflation and based on 2017 margins. billion barrels of discovered recoverable resource.

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Papua New Guinea Emissions Carbon Guyana 191