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...
U.S. brings ‘fairness in price’ as interest grows in Guyana’s oil future – Ambassador
United States Ambassador to Guyana Nicole Theriot says American companies remain deeply invested in Guyana’s rapidly expanding oil and gas...
Second phase of Wales Gas-to-Energy project should move ahead this year – Brassington
Construction at the second phase of the Wales Gas-to-Energy project should start later this year as part of efforts to...
New Oil and Gas Operations law coming – Nandlall
As Guyana expands its oil and gas sector, the underpinning legislative framework is expanding too, and the country’s Attorney General...
Exxon will seek authorisation for second gas project soon – Routledge
As the Government of Guyana aggressively pushes for more natural gas developments, oil giant ExxonMobil is expected to seek environmental...
Trinidad regrets not partnering more with Guyana, wants greater support now
Expressing deep regret that previous Trinidadian governments did not do more to partner with emerging Caribbean oil producers, the twin-island...
At least 20 new areas to be included in updated Local Content law
Guyanese may be able to tap into additional areas of business carved out specifically for locals with the forthcoming revision...
Gas development: Exxon ready to match Guyana Govt’s pace of development
The Irfaan Ali-led administration has fast-tracked oil development in Guyana, and now that the government is aggressively pushing for natural...
For Chevron, global energy needs still rising & Guyana is a key player
American multinational company, Chevron is establishing itself in Guyana, and its Chief Executive Officer, Mike Wirth, believes that the tiny...
ExxonMobil Guyana completes purchase of ‘One Guyana’ FPSO
ExxonMobil Guyana Ltd has completed the purchase of FPSO ONE GUYANA from SBM Offshore, finalising the transaction ahead of the...
BUDGET 2026: Massive $119.4 billion allocation for continued ‘overhaul’ of energy sector
Continued investments in the Gas-to-Energy project, a major expansion of the power lines and GPL’s overall electricity grid, and more...
BUDGET 2026: With 260 lifts, oil fund closes 2025 at US$3.25B
Guyana’s Natural Resource Fund (NRF) recorded inflows of more than US$2.4 billion in 2025, driven by increased crude oil production...
Gas-to-Energy project on track for year-end completion
Work on Guyana’s landmark Gas-to-Energy (GTE) Project in Wales is steadily progressing, and it remains firmly on track for completion...
Bharrat ‘hopeful’ gov’t can ink oil contract with Guyanese women-led group before yearend
Minister of Natural Resources, Vickram Bharrat, says negotiations with Sispro Inc. are progressing steadily, and he remains optimistic that a...
Exxon boosts forecast, aims for US$25 billion earnings growth by 2030
(Reuters) – Exxon Mobil is targeting $25 billion in earnings growth from 2024 to 2030 and will increase oil and...
US$17M signing bonus as Ghanaian firm gets shallow block offshore Guyana
Guyana’s rapidly growing oil and gas sector reached a new milestone on Tuesday with the signing of a new Production...
Work hours extended to keep flagship gas-to-energy project on track for 2026
Overtime work is being put in daily on the gas-to-energy project as the government and the main contractor move to...
Guyana to sign new offshore oil deal with Cybele for S7 shallow-water block
Minister of Natural Resources Vickram Bharrat on Friday confirmed that the government will sign an agreement with Cybele Energy Limited,...
Guyana Energy Expo 2026 to be defining moment for energy, manufacturing sectors
The Guyana Energy Conference and Supply Chain Expo 2026 is shaping up to be one of the most significant events...