CNOOC charters New Melody tanker for its first million barrels of sweet, light Liza...
By March 24, Chinese state oil company CNOOC/NEXEN will lift one million barrels of sweet, light crude from the Stabroek Block’s Liza Phase One...
Oil falls 24% in 3rd worst day on record, sinks to more than 18-year...
(CNBC) - Oil dropped 24% to a more than 18-year low on Wednesday as the coronavirus pandemic continues to sap demand for crude, and...
Hess shaves off $800 million of its budget for 2020
(OFFSHORE ENERGY TODAY) - In light of the current low oil price environment and market volatility, U.S. oil and gas company Hess Corporation has...
Delivery of Liza Unity FPSO from shipyard in China remains on schedule despite coronavirus...
Liza Unity, the second Floating Production Storage and Offloading (FPSO) for the Stabroek Block, remains on schedule with planned start up in early 2022...
All offshore operators to submit EIAs for entire block -Dr. Adams
In the past, any operator desirous of developing a commercial discovery would have to prepare an Environmental Impact Assessment (EIA) for the Environmental Protection...
ExxonMobil to assess cumulative environmental impact of four oil projects on Stabroek Block
ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), has informed the Environmental Protection Agency (EPA) that it will conduct an assessment to determine...
ExxonMobil’s fourth project on Stabroek Block could bring 5.2M barrels of oil per month
ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), has submitted to Environmental Protection Agency (EPA), the project details for its Hammerhead Development Project....
Guyanese should have access to oil money for house building, education or health- Chairman...
If Guyana wants to avoid the oil curse, some industry stakeholders have said that it should look to Norway and the numerous mechanisms it...
Int’l Organisations call out Oil companies on silence amid election controversy
Several human rights, environmental, and democratic organisations are calling on oil companies operating in Guyana to add their voices to the ongoing elections debacle...
Increased pace of development on Stabroek Block to Guyana’s advantage –Wood MacKenzie Analyst
While some critics have bemoaned ExxonMobil’s unprecedented pace of development for the Stabroek Block, Senior Upstream Research Analyst at Wood Mackenzie, Luiz Hayum says...