Bloomberg Exxon Mobil Corp and its partners produced the first commercial crude from Guyana, setting the small South American nation on a path to potentially vast flows of oil revenues. Output from the first phase of the offshore Liza field is expected to reach full capacity of 120,000 gross barrels of oil per day in coming months, with the first ...

Bloomberg India has stepped up scrutiny of engines on Airbus SE’s A320neo jets, forcing the country’s biggest airline, IndiGo, to have to replace more than previously estimated, a move that could further delay the budget carrier’s expansion plans. A “more intense boroscopic examination” of engines manufactured by Pratt & Whitney has identified more engines at risk of shutting down in ...

Bloomberg Dennis Muilenburg was ousted as chief executive officer of Boeing Co., a once-unthinkable turning point for a US industrial champion engulfed in turmoil after two deadly crashes of its top-selling 737 Max jetliner. David Calhoun, a General Electric Co. veteran who had served as chairman since October, will replace Muilenburg as CEO and president on January 13, Boeing said ...