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...
Guyanese consortium to design & build US$300M shore base facility to support Exxon projects
By Vishani Ragobeer Vishani@newsroom.gy In what has been touted as a win for Guyanese local content efforts, NRG Holdings –...
Swamped with interested investors, Guyana considers forming nat’l oil company
By Vishani Ragobeer Vishani@newsroom.gy With a prolific Stabroek Block generating confidence in further oil finds offshore Guyana, the government is...
Six proposals submitted for oil refineries in Reg. 6
The government has received several investment proposals for the establishment of oil refineries in Region Six (East Berbice- Corentyne; a...
Region Six set to transform; another deep water port planned
Another deep water port, which will be able to accommodate large cargo vessels and position Guyana as a hub for...
GOGEC discusses investment opportunities with DY Patil Group and Ashoka
President of the Guyana Oil and Gas Energy Chamber (GOGEC) Manniram Prashad on Monday met with the chairman Dr. Ajeenkya...
Hotels, shopping malls for former GuySuCo lands at Palmyra- Jagdeo
With proposals in hand, Vice-President Dr. Bharrat Jagdeo has announced plans to develop lands formerly owned by the Guyana Sugar...
More than $125B spent with local businesses- Exxon Head
Since 2015, oil giant ExxonMobil and its direct contractors have spent about US$600 million (or GY$125 billion) procuring goods and...
Exxon earmarks US$10B to develop Yellowtail; now seeking approval for 5th project
ExxonMobil plans to spend US$10 billion (about GY$2 trillion) at its recently approved Yellowtail project, in the Stabroek Block offshore...
Gov’t, Esso sign Production License for Yellowtail; hailed as largest single investment to date
See full statement from the Ministry of Natural Resources: The Government of Guyana and Esso Exploration and Production Guyana Limited...
Yellowtail, Exxon’s fourth offshore project, gets environmental approval
The Environmental Protection Agency (EPA) gave its permission for ExxonMobil to move ahead with the development of the Yellowtail project...
Six-month training for oil spill response wraps up with joint exercise
The Civil Defence Commission (CDC) in collaboration with the National Oil Spill Committee on Wednesday conducted an oil spill response...
Foreign companies already manipulating local content laws – PSC Executive
By Kurt Campbell Kurt@newsroom.gy Chairman of the Trade and Investment Committee of Guyana’s Private Sector Commission (PSC) Ramesh Dookhoo on...
Gas-to-energy project can help Guyana counter infamous ‘Dutch Disease’- Regional Economist
By Vishani Ragobeer Vishani@newsroom.gy The infamous ‘Dutch Disease’ is one that Guyana has been warned about in the development of...
Fmr. CDB economist backs new gas plant to solve Guyana’s power problems
By Vishani Ragobeer Vishani@newsroom.gy The generation of electricity in Guyana- rated as unreliable, unstable and expensive- has resulted in some...
Many proposals coming in for oil refinery here – Pres. Ali
President Dr Irfaan Ali has reiterated his government’s full support for the establishment of an oil refinery here, noting that...
Guyana, Exxon exploring financial coverage of entire Stabroek Block – Jagdeo
Financial coverage for any mishap is being considered before Guyana approves ExxonMobil’s fourth development project, Yellowtail, but Vice President Dr....
Tucker blasts Trinidad’s discrimination against Guyana
A national conversation on the usefulness of the Caribbean Community (CARICOM) and how Guyana has managed to benefit in recent...
Low cost, high growth in Guyana could see Hess earning big profits
American energy company, Hess Corp, continues to tout the world-class potential of the oil reserves in Guyana and has acknowledged...