Oil & Gas
Appeal Court overturns decision on financial assurance dispute, rules in favour of ExxonMobil, EPA
The Court of Appeal has ruled in favour of ExxonMobil Guyana Limited and the Environmental Protection Agency (EPA), overturning a 2023 High Court judgment delivered by Justice Sandil Kissoon concerning financial assurance requirements under ExxonMobil’s offshore petroleum environmental permit. In the earlier decision, the High Court ruling had found that ExxonMobil was in breach of...
An ‘energy balance’ needed: Guyana’s Ali makes case for strategic investments globally
By Vishani Ragobeer in Houston As thousands of industry professionals gathered in Houston, Texas for the 2026 Offshore Technology Conference...
OTC 2026: President Ali leads Guyanese delegation, visit to oil refinery planned
Guyana’s President, Dr. Irfaan Ali, will lead a delegation of about 100 officials and private sector players at this year’s...
As Exxon increases oil production, gov’t assured of ‘safety’ – Jagdeo
The ExxonMobil-led consortium producing oil from the giant Stabroek Block offshore Guyana is experiencing increased production and the country’s Vice...
ExxonMobil says unaware of ‘clerical error’ in declaration to GRA
See below the full statement issued by ExxonMobil Guyana: ExxonMobil Guyana Limited (EMGL) learnt from the Guyana Revenue Authority (GRA)...
Guyana earned $126B in oil revenue between January and March 2024
Guyana’s earnings from the sale of oil in the first quarter of 2024 amounted to $126 billion or US$604.3 million....
Oil Block Auction: Gov’t negotiating with oil companies; no drilling prospects approved
The Guyana Government through the Ministry of Natural Resources confirmed on Wednesday that it remains engaged in a robust negotiation...
Exxon says working with companies to make payments easier, faster
As the government eyes shorter payment periods for locals providing services particularly in the oil and gas sector, ExxonMobil Guyana...
To connect gas pipeline, Exxon to shut down FPSOs for two weeks
Production at two oil vessels offshore Guyana grind to a halt for two weeks each in the coming months so...
Guyana could be ‘one of the best deep water developments’ – Exxon boss
Chairman and Chief Executive Officer (CEO) of ExxonMobil, Darren Woods believes that the oil and gas developments in Guyana can...
No link between Whiptail oil project and tsunamis- EPA
See below full release from the Environmental Protection Agency (EPA): The EIA for the Whiptail Development Project does not indicate...
New oil spill law to protect Guyana likely by August – Jagdeo
The government is crafting new legislation to safeguard Guyana from oil spills and liabilities emanating from those disasters and Vice...
UG’s Petroleum Engineering courses get international accreditation
See below full release from the University of Guyana: The University of Guyana’s Faculty of Engineering and Technology has received...
Local Content Secretariat rooting out Guyanese ‘settling for less’
Guyana’s Local Content Secretariat has become more detailed in its screening process so that it can root out fronting by...
US reimposes oil sanctions against Venezuela over election concerns
Move in US election year could push up oil prices, but Washington says Maduro has not made promised electoral reforms.
Gas-to-Energy project to take cheap power to Linden, Silica City
The highly-anticipated Gas-to-Energy project could also take cheaply generated electricity to the mining town of Linden and to communities along...
Gas-to-Energy Project: Jagdeo says ‘no merit’ to cost overrun claims
Vice President Dr. Bharrat Jagdeo on Thursday said one component of the forthcoming gas-to-energy project is facing a three-month delay...
SBM secures contract to build Guyana’s 6th FPSO
SBM Offshore on Friday announced that ExxonMobil Guyana has confirmed the award of contracts for the Whiptail development project located...
With Gov’t approval, ExxonMobil to move forward with Whiptail project
ExxonMobil has made a final investment decision for the Whiptail development offshore Guyana, after receiving the required government and regulatory...
Local, Ghanaian companies in partnership to conduct real-time monitoring of oil, gas production
e-Magic Guyana, known for its expertise in industrial IoT and digital twins solutions, and West Coast Gas Ghana Limited (WCGG),...
Guyana gas-to-power project to shave weeks off oil output, hit revenue
[Reuters] – Guyana’s efforts to use its natural gas resources to fuel a power plant that would slash the South...
