Will Guyana lose her status as a major oil producing country any time soon?
Following recent publications about a projected depletion of oil in Liza phases 1 & 2 in another three years, many Guyanese, including prominent politicians,...
TotalEnergies to conduct US$25 million study of oil block offshore Guyana
TotalEnergies, a global oil major and European rival to ExxonMobil, is moving quickly to advance its ambitions offshore Guyana, planning to conduct a US$25...
Ali hopes for late 2026 start of long delayed Gas-to-Energy project
Guyana’s landmark Gas-to-Energy project, which has been hit by repeated delays, is now expected to be delivered in the last quarter of 2026, President...
Government to take $138 billion from oil fund in December
Guyana is expected to withdraw more than $138 billion (US$663 million) from its oil-funded Natural Resource Fund (NRF) in December.
At the start of the...
Ghanaian firm estimates 400 million barrels of oil in Guyana block
Cybele Energy, a Ghanaian offshore explorer, was awarded an oil block by the Guyana government this morning. The company estimates the new Block S7...
Exxon says three 2025 discoveries were not significant enough to announce
ExxonMobil on Sunday said three discoveries it made this year were not significant enough to announce.
The company’s statement follows an article by Kaieteur News,...
ExxonMobil pitches Berbice as ideal site for investments
ExxonMobil Guyana’s Commercial Manager Paul Foster on Tuesday discussed Berbice’s unique advantages as the government advances plans for a natural gas development to anchor...
Guyana oil production now at 900,000 bpd – ExxonMobil
Oil production offshore Guyana has climbed to 900,000 barrels per day (bpd), operator ExxonMobil said on Wednesday.
The boost comes as the Yellowtail development, which...
Guyana gets US$15 million signing bonus in new oil deal – Bharrat
Guyana has secured a US$15 million signing bonus in an oil deal with a new group of companies.
The Guyana government issued the offshore block...
Guyana’s non-oil economy grows faster than oil sector for the first time
Guyana’s non-oil economy grew faster than its oil industry for the first time since ExxonMobil began production in December 2019.
According to the Ministry of...
