Guyana’s oil reserves climb to 9B barrels, Hess says discoveries can support 10 FPSOs
Hess Corporation, a global company devoted to exploring oil, gas, and energy solutions, disclosed yesterday during its third-quarter earnings call that Guyana’s gross discovered...
ExxonMobil to slash approximately 1900 workers across US offices
As part of an extensive global review announced earlier this year, ExxonMobil disclosed today that it plans to reduce staffing levels in the United...
Hess says third quarter take from Stabroek block averaged 19,000 barrels
Hess Corporation was pleased to announce this morning that its 30 percent stake in the Stabroek block allowed it to realize 19 000 barrels...
Guyana’s oil production contracted by 46 percent at half year-Bank of Guyana
According to the latest report of Central Bank, the nation's oil industry recorded crude oil production of 12,349,835 barrels, with an average output per...
Carbon capture, Green hydrogen equipment vital to climate change fight-Wood MacKenzie
If the world wants to seriously take global warming well below two degrees Celsius as the Paris Agreement demands, then two technologies will be...
No direct impact to Guyana if oil is released from tilting tanker in Paria...
The Civil Defence Commission (CDC) today made several analyses and modelling of the potential threat of an oil spill from the FSO NABARIMA (bearing...
Potential oil spill threatens Caribbean Sea; Guyana on high alert
The FSO Nabarima oil tanker with 1.3 million barrels of crude oil is sinking in the Gulf of Paria between Venezuela and Trinidad, and...
Guyana has a very narrow window to get it right with oil –IDB
With an estimated 8 billion barrels of oil equivalent resources in the Stabroek Block and a projected fiscal windfall of US$49 billion in revenues...
ExxonMobil could be earning at least US$1.6B annually in profits by 2024
Once the Liza Phase One, Two, and Payara on stream simultaneously in 2024, American oil giant, ExxonMobil is expected to rake in at least...
Guyana, other countries will have to declare beneficial owners for oil and gas assets...
Before the end of 2020, Guyana and other members of the Extractive Industries Transparency Initiative (EITI) will have to disclose the beneficial owners for...
