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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
OIL
Exxon Mobil and its partners have approved the investment for their fifth offshore oil project in Guyana which will add 250,000 barrels of oil and gas per day, the firm said.
- The project called Uaru will produce up to 250,000 barrels of oil and gas per day. The decision coincides with Exxon considering whether to expand its holdings in Guyana through an auction of oil blocks set for July.
- The Exxon-led group inaugurated production in 2019. Together, they are expected to produce more than 1 million barrels of oil and gas per day by late 2026.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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