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...
Top Guyanese youth awarded in CPGL’s third Green Art & Innovation competition
Read the full press release from CNOOC Petroleum Guyana Limited (CPGL) below: CNOOC Petroleum Guyana Limited (CPGL) hosted a prize-giving...
G/town business chamber throws full support behind gas-to-energy project
After conducting its own analysis, the Georgetown Chamber of Commerce and Industry (GCCI) has thrown its full support behind the...
As electricity gets cheaper, President Ali wants electric vehicles manufactured in Guyana
By Vishani Ragobeer Vishani@newsroom.gy The cost of electricity in Guyana is expected to reduce significantly by 2025 as the Wales...
$2.6B Port Mourant training facility an investment in Guyana’s future – President Ali
The first phase of the Guyana Technical Training College at Port Mourant, Region Six (East Berbice- Corentyne) was commissioned on...
Exxon says new drilling is ‘well south’ of Essequibo territory
(Bloomberg) Exxon Mobil Corp.’s exploratory drilling off the coast of Guyana will be “well south” of the disputed territory that Venezuela...
‘Gas-to-energy project will be built’ – Jagdeo unfazed by attempts to block financing
Vice President Dr. Bharrat Jagdeo on Thursday remained optimistic that the loan from the U.S. Exim Bank will be secured...
More than half of money spent in Stabroek Block recovered so far – Exxon President
ExxonMobil Guyana Limited alongside its coventurers, Hess and CNOOC, have so far been able to recover about US$19 billion out...
With MoU approved for signing, India wants long-term oil purchasing arrangement with Guyana
Minister of Natural Resources Vickram Bharrat held talks with India’s Minister for Petroleum and Natural Gas Hardeep Singh at the...
Guyana producing at least 640,000 barrels of oil daily
At least 640,000 barrels of oil are being produced in the prolific Stabroek Block offshore Guyana, which, according to ExxonMobil...
Exxon targets new gas finds, more oil in western portion of Stabroek Block
ExxonMobil Guyana is expected to drill and appraise at least seven wells in the offshore Stabroek Block this year but...
Guyana engaged in ‘healthy’ cooperation with US, other nations – Exxon boss
President of ExxonMobil Guyana, Alistair Routledge said Tuesday that the company was largely unfazed by Venezuela’s aggressions last year because...
First Lady’s Menstrual Hygiene Initiative gets boost with $10M donation from CNOOC
See the press release from CNOOC Petroleum Guyana Limited (CPGL) below: The Menstrual Hygiene Initiative being undertaken by First Lady...
Guyana’s production helps Exxon end 2023 with US$36 billion profit
Increased production in Guyana and the Permian Basin, found in the southwestern part of the United States (US), has helped...
Ghana oil refinery to train 12 Guyanese after President Ali’s visit
The Ghana Chamber of Commerce Guyana has announced that in collaboration with Sentuo Oil Refinery, 12 Guyanese will be trained...
Over 21 countries, 19 sectors part of 2024 Energy Conference, Expo
With an expanded focus and already a premier event in the region, the third edition of the Guyana Energy Conference...
Over 170 people benefit from first ‘Women in Energy’ job fair
Women in Energy (WIE) Guyana, a dedicated organization supporting women in the energy sector, achieved a significant milestone with its...
Guyanese should save US$100M each year when gas-to-energy project slashes electricity costs – Jagdeo
Vice President Dr. Bharrat Jagdeo on Thursday projected that Guyanese will save about US$100 million (or about GY $21 billion)...
CNOOC donates $30M conference hall, kitchen to Windsor Forest Primary School
CNOOC Petroleum Guyana Limited (CPGL) last Friday donated a Conference Hall and Kitchen to the Windsor Forest Primary School in...
