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Exxon-led consortium's profit in Guyana rose to $10.4 bln in 2024

Exxon-led consortium's profit in Guyana rose to $10.4 bln in 2024

Reuters2 days ago

GEORGETOWN, June 3 (Reuters) - The profit of a consortium by oil producers Exxon Mobil (XOM.N), opens new tab, Hess (HES.N), opens new tab and CNOOC (600938.SS), opens new tab in Guyana increased 64% last year to $10.4 billion, Exxon said on Tuesday.
The group's expenses in the South American country rose to $4.9 billion in 2024 from $3.5 billion the previous year, the U.S. company added.

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