Oil & Gas
Major events of Guyana Energy Expo 2022With just one day to go before Guyana’s third Energy Conference and Expo gets underway, expectations are high. Guyana is…
Gov't welcomes operationalization of Liza Unity FPSO; says increase earnings will drive development for all citizensSee the full statement from the Government of Guyana below: The Government of Guyana through the Ministry of Natural…
ExxonMobil starts production at Guyana’s second offshore developmentExxonMobil today said it started production at Guyana’s second offshore oil development on the Stabroek Block, Liza Phase 2, bringing…
Umana Yana to be ‘duty-free zone’ for Int’l Energy ConferenceThough much of the excitement surrounding the upcoming International Energy Conference 2022 has to do with Guyana’s oil prospects, President…
Auditing oil blocks, setting up Local Content Secretariat part of big allocations approvedAs Guyana continues to develop its nascent oil and gas sector, massive allocations were approved during the Budget Estimates on…
Money from oil fund to spur non-oil growth - Bharrat knocks criticismsMinister of Natural Resources Vickram Bharrat has knocked criticisms of the government’s intended withdrawals from Guyana’s oil-wealth fund, explaining that…
No fear of ‘big things, mega projects’ - Edghill hails budget as ‘realistic, futuristic’With the largest sectoral allocation in the 2022 National Budget going towards infrastructure at $76 billion for roads and bridges,…
‘More investors will flock Berbice now’ - Bharrat says on CGX oil findSignificant investments stemming from Guyana’s oil and gas industry have been centered in Region Four (Demerara- Mahaica) but with the…
Significant regional recovery expected with Guyana leading the pack - Caribbean BankBy Vishani Ragobeer [email protected] Caribbean countries, largely dependent on exporting goods and providing services like tourism, have been beset by…
With new oil find, CGX Energy moves to drill another well later this yearCGX Energy, which has been searching for oil offshore Guyana for more than two decades, has finally found oil at…
CGX Energy in ‘transformational’ oil find offshore CorentyneCGX Energy, which has been searching for oil offshore Guyana for more than two decades, has finally found oil at…
Budget 2022 reflects commitment to progressive and equitable society- GOGECPress Release by the Guyana Oil and Gas Energy Chamber The Guyana Oil and Gas Energy Chamber (GOGEC) welcomes the…
BUDGET 2022: $5B to cushion rising food prices as Gov’t reduces gas, freight pricesWith several measures in budget 2022 to ease the effects of the rising cost of living, the government has set…
Exxon next month to begin pumping from 2nd Guyana oil platform(Reuters) Exxon Mobil Corp. next month plans to start production at its second oil platform in Guyana, a person familiar with…
Hess plans big spending on oil exploration, production in Guyana & US basin(Reuters) Hess Corp said on Tuesday it expects a 37% jump in capital spending for exploration and production this year,…
Local content requirements in oil industry earn Saudi Arabia more than US$100B(Upstream) Saudi Aramco, the world’s largest crude oil exporter has signed 50 agreements at its in-kingdom total value add (IKTVA)…
Opposition’s motion to put US$900M gas-to-energy project on hold voted downMinister of Natural Resources Vickram Bharrat has reaffirmed that the US$900 million gas-to-energy project that will cut energy costs by…
Guyana, US stakeholders working towards improving local oil spill response planEfforts are being made to assess possible oil spill scenarios so that the response to a potential oil spill would…

