Guyana has already lost $300M in net present value due to delayed approvals for...
ExxonMobil, the operator of the Stabroek Block, had anticipated receiving approvals for the Payara Project by the end of 2019. But a range of...
Ramps secures major cross border logistics project for Suriname exploration well
Ramps Logistics, one of the region's leading providers in shore base services, has successfully secured a fully integrated contract with PETRONAS Suriname E&P B.V....
Eco Atlantic convinced light, sweet oil trapped in Orinduik Block
Even as it continues assessments on the commerciality of the heavy oil discoveries made last year in the Jethro and Joe wells, Eco Atlantic...
Oil is going to change Guyana beyond recognition-British High Commissioner
When one takes a careful look at the economics regarding the development and monetization of the oil offshore Guyana, it is clear that the...
Countries heavily dependent on fossil fuel need to take advantage of low prices- Regional...
The COVID-19 pandemic has shattered the hopes of many oil producing countries in gaining big profits from their exports this year. But even in...
ExxonMobil buckles under COVID-19 pressure; now gears to trim staff across US offices
Last month, ExxonMobil’s Chief Executive Officer and President, Darren Woods, had boasted that the oil giant is one of the few that has not...
Energy Dept. shortlists some of the world’s most corrupt traders to market Guyana’s oil
The Energy Department moments ago published its shortlist of 19 companies which would be reviewed for the selection of one to market and trade...
Energy Dept. fails to disclose names of 19 companies shortlisted to market Guyana’s crude
In February last, the Energy Department had invited interested applicants to submit their bids to market Guyana’s share of crude from the Liza Phase...
Eight months later, Tullow still studying fate of heavy oil in Orinduik Block
After finding heavy oil last year on its Orinduik block, Tullow Oil had said in November that it needed time to assess the results...
Office of Climate Change has not been at the heart of discussions on ExxonMobil’s...
When it comes to the discussing the climate change implications of ExxonMobil’s offshore projects, one of the most critical partners that has been absent...
