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...
Europe’s rush to buy Africa’s natural gas draws cries of hypocrisy
(Bloomberg) Near the tip of Nigeria’s Bonny Island, an arrowhead speck of land where the Atlantic Ocean meets the Niger...
CARICOM seeks to counter rising fuel prices with Venezuelan oil
A regional energy security plan was among the key priorities of Caribbean leaders as they met over the past few...
Outgoing CARICOM Chair backs oil and gas production in Guyana
By Vishani Ragobeer in Paramaribo vishani@newsroom.gy With the development of oil and gas offering Guyana the prospect of unprecedent economic...
‘Not enthusiastic’ but UN Head says he understands oil and gas use
By Vishani Ragobeer in Suriname Vishani@newsroom.gy Though not enthusiastic about oil production since it is harmful to the environment, the...
‘Good for Guyana’ – PPP/C will not abandon Amaila Falls Hydropower Project – Pres. Ali
By Kurt Campbell Kurt@newsroom.gy Still seeking a partner, the governing People’s Progressive Party Civic (PPP/C) says it will revive its...
Exciting prospects offshore but should Guyana seek more oil on land?
By Vishani Ragobeer in Suriname Vishani@newsroom.gy Guyana is viewed as one of the world’s newest oil hotspots because of prolific...
Suriname eyes local content provisions, seeks to learn from Guyana
By Vishani Ragobeer in Suriname Vishani@newsroom.gy Suriname is developing its oil and gas industry following significant finds offshore and the...
Energy project not just about cheap electricity or cooking gas but improving quality of life – Pres. Ali
Guyana’s ambition to bring its natural gas to shore and transform it into energy is a massive project that the...
Oil-rich Guyana, Suriname key to saving Caribbean from ‘mercy of other countries’
By Vishani Ragobeer in Suriname Vishani@newsroom.gy Guyana and Suriname, the Caribbean’s newest oil-rich states, plan to develop their natural gas...
Guyana, other Caribbean nations creating regional energy plan to attract investors
Guyana and other Caribbean countries are working on a new regional plan as part of efforts to attract investors who...
Guyana could earn $136B through local content by year-end – Pres. Ali
Guyana’s new local content law is meant to strike a delicate balance for foreign and local involvement in Guyana’s nascent...
President insists on ‘realistic’ look at petroleum exploration
The transition from fossil fuel to renewable energy is an issue which needs to be looked at realistically, taking into...
Manufacturing employees leaving for work in oil and gas industry
Local manufacturers are facing the heat for higher remuneration amidst the COVID-19 pandemic and supply chain setbacks. On Thursday, Vice...
‘Ramps’ says sold majority company to man with Guyanese parentage but still denied local content certificate
Ramps Logistics, a Trinidadian company offering full-service supply chain management in Guyana since 2013, says it is hurt and now...
‘A key milestone’ as sod turned for $62.7 billion Shore Base at V/Hoop
The sod for the GY$62.7 billion Vreed-en-Hoop Shore Base facility on the West Coast of Demerara was officially turned on...
Guyana could sell cooking gas, other products for about $70M yearly- Jagdeo
Guyana could earn between $70 to $100 million each year from the sale of cooking gas and other products produced...
New and improved oil ship gas compressor operational from next month
After months of grappling with a faulty gas compressor aboard the Liza Destiny Floating Production Offloading and Storage (FPSO) vessel,...
Exxon guarantees Guyanese bearing none of its debt nor eventual shutdown costs
The oil companies operating in the prolific Stabroek Block offshore Guyana are responsible for the debts incurred and the eventual...
