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    Oil & Gas

    Exxon seeking authorisation for eighth project offshore Guyana, optimistic about gas reserves
    • Oil & Gas
    Feb 12, 20253 Mins Read
    Exxon seeking authorisation for eighth project offshore Guyana, optimistic about gas reserves

    ExxonMobil Guyana and its co-venturers in the prolific Stabroek Block are seeking environmental authorisation for another project, Longtail, from the…

    ‘Front-row seat’ at development talks for UG students
    • Oil & Gas
    Feb 8, 20252 Mins Read
    ‘Front-row seat’ at development talks for UG students

    See below full press release from the Guyana Energy Conference & Supply Chain Expo: The Guyana Energy Conference & Supply…

    $1.38 trillion budget passed
    • Business
    • Oil & Gas
    • Politics
    Feb 5, 20254 Mins Read
    $1.38 trillion budget passed

    By Vishani Ragobeer  [email protected] The $1.38 trillion National Budget for 2025 was passed without changes on Wednesday night. The Appropriation…

    As Suriname prepares for oil boom, Guyana’s President says ‘work with us’
    • Oil & Gas
    • Politics
    Feb 5, 20252 Mins Read
    As Suriname prepares for oil boom, Guyana’s President says ‘work with us’

    Exciting developments are unfolding in Suriname following last year’s announcement of a substantial US$10.5 billion investment in the country’s Block…

    Gas-to-Energy project: Parties to decide on arbitration
    • Oil & Gas
    • Politics
    Feb 3, 20253 Mins Read
    Gas-to-Energy project: Parties to decide on arbitration

    See below the full release from the Office of the President:  As has been widely reported in the media, certain…

    Oil Blocks Auction: Gov’t expects to sign at least four agreements this year
    • Oil & Gas
    • Politics
    Feb 3, 20252 Mins Read
    Oil Blocks Auction: Gov’t expects to sign at least four agreements this year

    The government expects to close and sign agreements for at least four oil blocks this year, according to a statement…

    Guyana could lead new global oil producers' group 
    • Oil & Gas
    Jan 26, 20251 Min Read
    Guyana could lead new global oil producers' group 

    Guyana has been invited to lead a global group of the world's newest oil-producing countries, Natural Resources Minister Vickram Bharrat…

    Second gas project, deepwater port 'must happen' in next term - President 
    • Oil & Gas
    • Politics
    Jan 26, 20252 Mins Read
    Second gas project, deepwater port 'must happen' in next term - President 

    President Dr. Irfaan Ali said a second gas-to-energy project and the construction of a deepwater port must be completed within…

    ‘An investment for decades’ - Landmark US$300M Vreed-en-Hoop shore base opens
    • Oil & Gas
    Jan 25, 20253 Mins Read
    ‘An investment for decades’ - Landmark US$300M Vreed-en-Hoop shore base opens

    The landmark US$300 million Vreed-en-Hoop shore base facility was officially opened on Saturday, a move that Guyana’s President Dr. Irfaan…

    Leading Mexican oil & gas company supporting Guyana Energy Conference
    • Business
    • Oil & Gas
    Jan 23, 20253 Mins Read
    Leading Mexican oil & gas company supporting Guyana Energy Conference

    See below full Press Release from the Guyana Energy Conference & Supply Chain Expo: The Guyana Energy Conference and Supply…

    Afreximbank is major sponsor of Guyana Energy Conference
    • Oil & Gas
    Jan 22, 20254 Mins Read
    Afreximbank is major sponsor of Guyana Energy Conference

    The Guyana Energy Conference and Supply Chain Expo (GECSCE) scheduled to be held from February 18th to 21st, 2025 is…

    Dr. Ramsaroop urges local content in construction of 5th FPSO
    • Oil & Gas
    Jan 21, 20251 Min Read
    Dr. Ramsaroop urges local content in construction of 5th FPSO

    Chief Investment Officer of the Guyana Office for Investment (GoInvest), Dr. Peter Ramsaroop, recently met with Takeshi Kanamori, President and…

    BUDGET 2025: US$2.5 billion can be transferred from oil fund to support nat'l development
    • Oil & Gas
    • Politics
    Jan 17, 20252 Mins Read
    BUDGET 2025: US$2.5 billion can be transferred from oil fund to support nat'l development

    Guyana is set to receive a significant boost in 2025, with an estimated US$2.5 billion that can be transferred from…

    BUDGET 2025: $88B to transform energy sector, reduce electricity costs this year
    • Oil & Gas
    • Politics
    Jan 17, 20252 Mins Read
    BUDGET 2025: $88B to transform energy sector, reduce electricity costs this year

    The Government of Guyana has earmarked $88 billion for its energy sector in 2025, aiming to address longstanding issues of…

    Gov’t pushes to reduce payment period for local petroleum contractors to 30 days
    • Oil & Gas
    Jan 16, 20253 Mins Read
    Gov’t pushes to reduce payment period for local petroleum contractors to 30 days

    The government is working to improve the payment period for local contractors in the oil and gas sector, Minister of…

    Guyana recorded 225 oil lifts in 2024
    • Oil & Gas
    Jan 14, 20253 Mins Read
    Guyana recorded 225 oil lifts in 2024

    A total of 225 oil lifts from the Stabroek Block were recorded in 2024, with 28 of these going to…

    Exxon signals weaker performance across the board to hurt Q4 profits
    • International
    • Oil & Gas
    Jan 9, 20252 Mins Read
    Exxon signals weaker performance across the board to hurt Q4 profits

    (Reuters) - Exxon Mobil signalled on Tuesday that sharply lower oil refining profits and weakness across all its businesses would…

    US EXIM Bank Chair to visit Guyana from Thursday
    • Business
    • Oil & Gas
    • Politics
    Jan 8, 20252 Mins Read
    US EXIM Bank Chair to visit Guyana from Thursday

    See below the full release from the US Embassy in Georgetown:  Export-Import Bank of the United States (EXIM) President and…

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