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...
Oil search: Opposition quarrels about Exxon’s one-year extension, but didn’t know Granger signed off
Guyana’s opposition parties have been quarrelling about ExxonMobil’s one-year extension to search for oil offshore Guyana, castigating the current government....
Fmr. President Granger gave Exxon one-year extension for offshore oil exploration
Former President David Granger gave Esso Exploration and Production Guyana Limited (EEPGL), ExxonMobil’s local subsidiary, a one-year extension to search...
CNOOC scholarship students head to China for petroleum studies
The first four Guyanese students in the CNOOC Petroleum Guyana Limited (CPGL) Scholarship Programme are travelling to China on Friday...
Guyana has capacity for only one oil refinery now – Jagdeo
One week after Guyana and the Dominican Republic signed an agreement for the establishment of an oil refinery here, Vice...
Smooth implementation of Guyana’s oil projects promised with new Petroleum law
The National Assembly passed the new Petroleum Activities Bill early Thursday morning, paving the way for the smooth implementation of...
DR’s role in oil refinery increases project’s viability- President Ali
Guyana and the Dominican Republic (DR) signed a Memorandum of Understanding (MoU) for the establishment of a new oil refinery...
With ‘tremendous’ opportunities available, President Ali urges Chinese companies to bid for oil blocks
President Dr. Irfaan Ali says there are “tremendous” opportunities for Chinese seeking to participate in Guyana’s nascent oil and gas...
Despite pay increases & training, GRA’s Petroleum Department still badly understaffed
The Guyana Revenue Authority (GRA) has less than half of the staff it needs in the Petroleum Revenue Department that...
Exxon earns US$7.9B in second quarter
A 20% increase in production in Guyana and the United States (US) Permian Basin helped ExxonMobil earn US$7.9 billion in...
New oil law, model contracts to be finalised in August as oil blocks auction extended for final time
The newly-developed Petroleum Activities Bill and model Production Sharing Agreements (PSAs) will be finalised in August, ahead of the final...
‘Shouting from the sidelines’ – Jagdeo criticises Opposition’s failure to help manage oil funds
Vice President Dr. Bharrat Jagdeo criticised the APNU+AFC parliamentary opposition for its failure to effectively participate in the management of...
Guyana Gov’t extends 2022 licensing round schedule
The Ministry of Natural Resources on Wednesday announced the extension of the Guyana 2022 Licensing Round’s bid submission deadline to...
Hess nets US$119M in second quarter, expects higher production in Guyana this year
Hess Corporation, one of the United States (US) oil companies with a stake in the prolific Stabroek Block offshore Guyana,...
More than 700 skilled workers to be employed in oil sector this year
Guyana’s Local Content Secretariat projects that 732 skilled workers will be employed by Tier-1 subcontractors in the oil and gas...
Gas-to-energy project: Indian company gets US$159M contract to build transmission lines, sub-stations
Kalpataru Projects International Limited (KPIL), an Indian company, secured the US$159.9 million engineering, procurement and construction contract to build the...
CNOOC awards Guyanese students with scholarships to China
CNOOC Petroleum Guyana Limited (CPGL) on Friday awarded scholarships to four Guyanese students to study Petroleum Sciences in China. The...
More small, medium businesses benefiting from oil & gas as local content takes shape – Senior Petroleum Coordinator
Almost two years after Guyana enacted local content legislation, senior government officials have repeatedly reported that more local businesses are...
GYSBI to host career fair in Region Three for Gas-to-Energy project
Guyana Shore Base Inc. (GYBSI), the premier shore base and logistics provider for the oil and gas sector, will be...
