High Court ruling on Exxon’s insurance could negatively affect offshore drilling throughout Caribbean

Dear Editor, My attention was drawn to an article published by “The Guardian” with the caption “Could Guyana’s Exxon ruling scare big oil off risky...

Govt. Says Global Witness report “sensationalist, agenda-driven and extraordinarily speculative”

Upon examining the details of the alarming Global Witness report, “Signed Away,” the government has labelled the document to be purely “sensationalist, agenda-driven and...

ExxonMobil sees “positive” results for Hammerhead wells

ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), has drilled two more wells within the Hammerhead area of the Stabroek Block...

Guyana’s oil ship builder engages scores of local businesses on procurement guidelines, key vendor...

SBM Offshore Guyana recently engaged scores of businesses during a Vendor Forum, held on the sidelines of the International Energy Conference which was facilitated...

Race to drill offshore Guyana driven by ‘advantaged barrels’- Westmount Energy

Even as the COVID 19 pandemic continues to cause significant disruption to global health security and economies, Guyana still continues to attract significant interest...

Venezuela to Close Pumps as Gas Runs Short, Viral Outbreak Grows

(Bloomberg) - Venezuela’s government is shutting fuel stations nationwide to ration dwindling gasoline inventories as a quarantine designed to stop the coronavirus paralyzes the...

Every cent of oil money will be accounted for; no political interference – Ali...

The People's Progressive Party/Civic (PPP/C) will ensure that every cent of the revenues from the sector is accounted for, as well as every cent...

Prolific Guyana Basin could have more to give-Hess VP

The exploratory work done by ExxonMobil and its partners in certain parts of the Stabroek Block offshore Guyana have led to 10 discoveries which...

ExxonMobil, three other supermajors spending beyond their means – IEEFA

ExxonMobil, Chevron, Total S.A, and British Petroleum (BP), four of the world’s largest oil producers, have been spending beyond their means even as losses...

IMF downgrades Guyana’s 2020 growth to 26.2 %

In the first half of the year, the International Monetary Fund (IMF) had projected that Guyana would grow by some 53 percent. But given...

Recent Updates