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ExxonMobil awaits ICJ ruling on Guyana-Venezuela border, which may enable oil exploration in the Stabroek Block.
ExxonMobil awaits the International Court of Justice’s ruling on the Guyana-Venezuela border dispute, which could unlock exploration in parts of the Stabroek Block currently under force majeure.
CEO Darren Woods expressed optimism about future investment if political and economic reforms in Venezuela progress, noting the company continues producing over 900,000 barrels of oil per day in accessible areas and has made over 40 discoveries since 2015.
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ExxonMobil espera el fallo de la Corte Internacional de Justicia sobre la frontera entre Guyana y Venezuela, que puede permitir la exploración petrolera en el Bloque Stabroek.