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...
New oil supply deal on agenda as Jagdeo travels to India in February
India will continue to engage Guyana on a possible long-term supply deal for oil produced in the offshore Stabroek Block...
Guyana eyes India’s participation in oil blocks’ auction
President Dr. Irfaan Ali disclosed that he is engaging the Indian government on their possible participation in the ongoing auction...
Guyanese company in joint venture with Indian firm to recruit skills for Oil and Gas sector
ACE Professional Services and Business Development Consultancy, a 100% Guyanese owned company, signed a Memorandum of Understanding on January 10,...
Jagdeo upbeat about success of oil auction as Guyana keeps ‘momentum going’
By Vishani Ragobeer Vishani@newsroom.gy A total of 14 new oil blocks under new payment terms are up for grabs this...
‘Lion’s share’ of oil production in 2023 to come from Guyana & Brazil
Oil production in Guyana and Brazil is expected to substantially increase in 2023, successfully anchoring production growth in the Latin...
Hess, CNOOC to continue uninterrupted operations using joint license
Hess Guyana Exploration Ltd and China National Offshore Oil Cooperation Guyana (CNOOC) are allowed to conduct their operations in the...
Guyana’s growth fuelled by oil but non-oil sectors doing better – IDB
Guyana’s economy is expected to expand by some 56 per cent this year with growth in the oil sector being...
Supreme Court quashes EPA permit for Schlumberger to store, use radioactive chemicals
High Court Judge Nareshwar Harnanan Friday ordered the quashing by certiorari of an environmental permit issued by the Environmental Protection...
$126 billion withdrawn from Natural Resource Fund this year
Senior Finance Minister Dr Ashni Singh has announced that the government has made its third withdrawal from the Natural Resource...
Moraikobai residents laud China Medical Team outreach to village
Residents of Moraikobai, the only Amerindian Village in Region Five (Mahaica – Berbice), on Sunday last benefited from a range...
Six walk away with laptops, tablets and iPhones in CPGL essay competition
Six students between the ages of 11 to 18 walked away with prizes in the second annual CNOOC Petroleum Guyana...
CNOOC Petroleum Guyana and POWERCHINA complete major solar lighting project in Moraikobai
CNOOC Petroleum Guyana Limited (CPGL), a 25% working partner in the Stabroek block, donated a complete solar lighting community system...
Steak and bottled water imported to supply oil ships operating offshore Guyana
Steak and bottled water are among the imported products supplied to oil ships operating offshore Guyana but Head of the...
No abandoning hydropower as gov’t inks contract for natural gas, electricity plants
A diversified portfolio of energy generation locally remains high on the government’s agenda even as the contract was inked on...
With oil blocks up for grabs, GMSA says local companies should partner & bid
Days after President Irfaan Ali officially launched the auction for new oil blocks in Guyana, the country’s manufacturers believe that...
Gov’t finalises US$759M contract for power plant, natural gas
The Cabinet on Thursday finalised the award for a US$759 million contract to build a power plant and natural gas...
President Ali officially launches auction for new oil blocks
President Irfaan Ali on Friday morning officially launched the first auction for the development of new oil blocks under competitive...
GY$290B in Guyana’s oil fund
Guyana’s Natural Resource Fund (NRF), which is the country’s oil wealth fund, has GY$290.1 billion (or US$1.39 billion) saved at...
