Previous Close | 11.80 |
Open | 11.20 |
Bid | 11.10 |
Ask | 11.30 |
Strike | 120.00 |
Expire Date | 2025-06-20 |
Day's Range | 11.20 - 11.20 |
Contract Range | N/A |
Volume | |
Open Interest | 2.2k |
U.S. energy major Exxon Mobil's arbitration over Chevron's plans to buy Hess's Guyana oilfield stake will extend into 2025, Exxon CEO Darren Woods said to CNBC in an interview, souring expectations of a resolution this year. Exxon and CNOOC Ltd filed cases before the International Chamber of Commerce in March, seeking the right-of-first-refusal over any sale of Hess's 30% stake in the giant Stabroek offshore oil block, home of the largest oil discovery in nearly a decade. Stabroek is operated by a consortium of Exxon, CNOOC and Hess.
EOG prioritizes positioning itself as one of the top oil and gas producers in terms of high returns, low costs and minimal emissions, playing a pivotal role in shaping the future of energy.
Negotiations for the development of Tanzania's $42 billion liquefied natural gas export plant have been delayed by proposed government changes to a financial agreement reached last year, a government spokesperson and two company sources said. The government and investors announced last May they had completed negotiations on the long-delayed project to unlock Tanzania's vast offshore gas resources. Equinor and Shell are joint operators while Exxon Mobil, Pavilion Energy, Medco Energi and Tanzania's national oil company TPDC are partners.