Oil exploration days numbered – Wood Mackenzie
In the last century, the discovery of new oil provinces in Guyana, Mozambique, Cyprus, Israel and Senegal, have certainly made the hunt for crude...
Delays for Payara project will impact production in Stabroek Block- Rystad Energy
With every day that passes without the approval for ExxonMobil’s third project called Payara, Guyana is increasing the opportunities for financial loss as well...
Guyana’s prospects for exploration still high even as global drilling braces for significant decline...
According to one of the latest industry assessments by Rystad Energy, an independent energy research and business intelligence company, the COVID-19 pandemic is poised...
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...
