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 Company’s earnings fall but optimism remains about Guyana developments
Hess Corporation, one of the co-venturers in the prolific Stabroek Block offshore Guyana, announced its earnings for the first quarter...
More oil found offshore Guyana at ‘Lancetfish-1’ well
Hess Corporation, one of the co-venturers in the Stabroek Block offshore Guyana, announced on Wednesday that more oil was found...
Guyana has US$1.4B in its oil wealth fund
Minister of Parliamentary Affairs and Governance Gail Teixeira on behalf of Senior Finance Minister Dr. Ashni Singh on Monday tabled...
Guyana’s Energy Chamber inks agreement with Indian private sector body
The Guyana Oil and Gas Energy Chamber (GOGEC) on Saturday inked a new partnership with the Confederation of Indian Industry...
Packed agenda as India’s Foreign Minister visits; VP says any agreement on oil sales will be commercial
India’s Minister of External Affairs Subrahmanyam Jaishankar is on an official three-day to Guyana and while energy is on the...
Guyana earned US$377M from oil in first quarter of 2023
Guyana earned about US$377.14 million (or GY$68 billion) from profit oil and royalties from two oil platforms producing offshore Guyana...
‘No rushing the process’ – Jagdeo says gov’t to finalise new Petroleum law, model contracts by July
By Vishani Ragobeer vishani@newsroom.gy The government promised Guyana’s regulatory framework for the nascent oil and gas sector will be up...
Gov’t extends time for auction of offshore oil blocks’
A total of 14 oil blocks – 11 in shallow water and three in deep water- offshore Guyana are up...
Indian company that built Providence Stadium setting up new office in Guyana
The Shapoorji Pallonji Group, the Indian conglomerate that built the Providence Stadium on the East Bank of Demerara (EBD), is...
New Petroleum Bill for public consultations soon
A 1986 Petroleum Act is among the pieces of legislation governing Guyana’s nascent oil and gas sector but Vice President...
Start-up works ongoing as new Prosperity oil platform arrives in Guyana
The Prosperity, the third oil platform that will operate in the prolific Stabroek block offshore Guyana, has arrived offshore Guyana...
Exxon’s cost audit delayed but necessary technical work being done- Jagdeo
Vice President Dr. Bharrat Jagdeo on Thursday accepted that the finalised audit into the expenses incurred by ExxonMobil’s local subsidiary,...
Eight Guyanese engineers get overseas training to work on new oil ship
Eight Guyanese engineers, who are all from the University of Guyana, received training overseas and will soon work onboard the...
GRA says audit of Exxon’s expenses from 1999 to 2017 not yet finalised
The Guyana Revenue Authority (GRA) says the audit into the expenses incurred by ExxonMobil’s local subsidiary, Esso Exploration and Production...
Inaugural Local Content Summit kick-starts discussions on updating current legislation
By Kurt Campbell Kurt@newsroom.gy A first-of-its-kind local content summit got underway in Georgetown on Tuesday and it is expected to...
‘Serious interest’ as five Indian companies hoping to bid for Guyana’s oil blocks
Five Indian companies involved in the oil and gas sector are hoping to bid for oil blocks offshore Guyana as...
Despite formation of new holding company, GPL to still administer Gas-to-Energy project
By Kurt Campbell Kurt@newsroom.gy Despite the formation of a new company – the Guyana Power and Gas Incorporated – the...
India eyes ‘positive outcome’ from ongoing talks for oil supply deal with Guyana
By Vishani Ragobeer in New Delhi Vishani@newsroom.gy India remains keenly interested in a long-term oil supply deal with Guyana to...
