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...
Finance Minister assures economy built for resilience amid oil price volatility
As global oil prices trend downward, Finance Minister Dr Ashni Singh has assured that Guyana’s macroeconomic framework has been deliberately...
ExxonMobil opens Gas-to-Energy project to public for safety briefings and community interaction
ExxonMobil Guyana Limited (EMGL) on Saturday opened its Gas-to-Energy (GtE) Pipeline project to the public at Westminster Secondary School, West...
Ministry of Natural Resources responds to Policy Forum Guyana
See below the full release from the Ministry of Natural Resources: The ongoing allegations by Policy Forum Guyana (PFG) regarding...
S4 Petroleum Agreement, Petroleum Exploration Licence publicly available
See below full media release: The Ministry of Natural Resources announces that the Petroleum Agreement and the Petroleum Exploration Licence...
Guyana’s daily oil production hits 900,000 barrels
ExxonMobil Guyana Limited and its Stabroek block co-venturers, Hess Guyana Exploration Limited, and CNOOC Petroleum Guyana Limited, today announced that...
‘Trees will not stand while people fall’ – Guyana among the best-managed oil sectors globally — Bharrat
Minister of Natural Resources, Vickram Bharrat, on Tuesday declared that Guyana now stands among the best-managed new oil-producing nations in...
Guyana secures US$15M signing bonus as first petroleum agreement inked under new legislative framework
Guyana has officially signed its first Production Sharing Agreement (PSA) under the country’s new Petroleum Activities Act and updated fiscal...
Energy transition must be fair, not protect the rich – President Ali
As the world grapples with the escalating climate crisis, Guyana’s President Dr. Irfaan Ali has reaffirmed the need for countries...
Billions earned from profit oil, royalties in first half of 2025
Guyana received US$1.05 billion as revenue from its share of profit oil in the first six months of 2025 and...
Indian refiners make rare purchases of Guyanese grades
(Reuters) – Two Indian refiners have bought 4 million barrels of Guyanese crude oil from U.S. major Exxon Mobil to...
Liquefied natural gas monetisation remains a priority for Guyana – Jagdeo affirms
Vice President and PPP/C General Secretary Dr. Bharrat Jagdeo clarified on Thursday that the government remains committed to monetising Guyana’s...
Exxon eyes approval for eighth project, Longtail, in 2026
The gas-rich development, Longtail, is the next project ExxonMobil and its coventurers in the Stabroek Block are seeking approval for,...
Guyana now producing about 740,000 barrels of oil daily
Guyana is producing about 740,000 barrels of oil per day from four projects in the giant Stabroek Block offshore, ExxonMobil...
Locals to trade Guyana’s crude oil eventually – President Ali
President Dr. Irfaan Ali on Thursday announced bold plans for Guyana to build its local capabilities in crude oil trading....
ExxonMobil confirms US$6.8B investment in Hammerhead Project after Gov’t approval
ExxonMobil has confirmed its final investment decision (FID) for the US$6.8 billion Hammerhead development, the seventh offshore project in...
ExxonMobil spends US$419M with Guyanese in first half of 2025
ExxonMobil Guyana and its contractors have spent over US$2.9 billion with Guyanese businesses since operations began in 2015. In the...
First gas turbine base completed for landmark Gas-to-Energy project
The first gas turbine base at the Gas-to-energy (GTE) project was completed on Tuesday, Lindsayca Guyana said. The company made...
Seven Guyanese doctors head to China for training with CNOOC support
Seven Guyanese doctors have been awarded scholarships to pursue clinical and technical training in China, as part of an exchange...
