Tue, Jun 30, 2026
Tue, Jun 30, 2026
Oil & Gas
New oil vessel built to ‘excellence’ and will accelerate production – ExxonMobilBy Neil Marks in Singapore The new vessel Prosperity, which is expected to produce an estimated 220,000 barrels of oil…
Higher-than-expected production in Guyana adds to Exxon’s record profitsMore barrels of oil were produced in the prolific Stabroek Block offshore Guyana last year and this, in part, contributed…
First Lady says third oil ship is ‘avenue to prosperity’ for businesses and individualsFirst Lady Mrs Arya Ali has hailed the third oil ship that will operate in Guyanese waters by the end…
Local Content Secretariat gets $50M as gov’t preps for review of Local Content ActA total of $50 million which was allocated in the 2023 budget for the Local Content Secretariat, previously financed by…
First Lady is ‘godmother’ of third oil platform as production set to ramp up this yearBy Neil Marks in Singapore First Lady Arya Ali has been designated “godmother” of Prosperity, the third oil platform that…
CNOOC Petroleum Guyana launches $10M UG Scholarship Fund for Indigenous and hinterland studentsCNOOC Petroleum Guyana Limited (CPGL) on Wednesday presented a financial contribution to the University of Guyana (UG) to support education…
New ‘Fangtooth’ oil find has potential to ‘underpin future oil development’ – Hess Corp.United States oil giant Hess Corporation on Wednesday announced that another oil find was recorded in the prolific Stabroek Block…
Guyana in talks with Qatar, UK, UAE and India on oil blocks(Reuters) -Guyana is in talks with Qatar, Britain, the United Arab Emirates and India on the possibility of directly allocating…
Majority of US$3.7B Hess budget for oil projects in Guyana, US basinUnited States (US) oil giant Hess Corporation plans to spend some US$3.7 billion on exploration and production in 2023 and…
CGX starts drilling Wei-1 well offshore Guyana(Offshore Magazine)— CGX Energy Inc. and Frontera Energy Corp., joint venture (JV) partners in the petroleum prospecting license for the…
‘Let’s move together’- Trinidad eyes natural gas from Guyana, other Caribbean nationsBy Vishani Ragobeer [email protected] A new partnership among Trinidad and Tobago (T&T), Guyana and the other gas-producing nations in the…
‘No big scientific analysis needed’ - President Ali says long future for oil & natural gas in CaribbeanBy Vishani Ragobeer [email protected] Guyana’s President Dr. Irfaan Ali has contended that oil and natural gas, both non-renewable sources of…
Gov’t gets nine proposals for Berbice oil refineryFinance Minister Dr. Ashni Singh announced on Monday that nine proposals were submitted to the government for the design, financing…
India to send Guyana proposal for long term purchase of oilIndia has long been interested in a long term agreement for the supply of Guyana’s oil and President Dr. Irfaan…
Indian, European oil firms evaluating bids for Guyana blocks(Reuters) Guyana's upcoming bidding round for offshore areas has caught the interest of top energy companies from Asia to Europe,…
BUDGET 2023: With focus on cheaper electricity, $43.3B for works at gas-to-energy project The Wales Gas-to-Energy project, touted as one of Guyana’s most transformational projects, will advance as the government budgeted $43.4 billion…
BUDGET 2023: Guyana earned over US$1B from 13 of 102 oil lifts last yearFinance Minister Dr. Ashni Singh says oil ships operating offshore Guyana produced 102 lifts of one million barrels of crude…
CNOOC Petroleum Guyana starts Medical Assistance Fund with Chinese Medical BrigadeCNOOC Petroleum Guyana Limited (CPGL) has started a medical assistance fund with a donation of GYD $2,000,000 on Friday to…
