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...
IDB President backs Guyana’s oil development path
(Jamaica Observer) – Guyana may have discovered commercial deposits when the world is transitioning to green energy adoption, but president...
Surging oil prices: Guyana could get US $120M from next oil lift
By Vishani Ragobeer Vishani@newsroom.gy Guyana’s second oil lift for 2022 – another one million barrels – could earn the country...
Biden bans Russia oil imports to U.S., warns U.S. gasoline prices will rise further
(Reuters) – U.S. President Joe Biden announced a ban on Russian oil and other energy imports on Tuesday in retaliation...
‘Be different’ – Guyana has a chance to forge its own path with oil – Int’l Expert
Economic diversification expert Dr. Zainab Usman is in Guyana to add to the national conversation on economic diversification and sustainable...
For new industries, local content laws ‘natural’ – PM Mottley
By Vishani Ragobeer Vishani@newsroom.gy Prime Minister of Barbados Mia Mottley has emphasised that it is simply natural for countries to...
ExxonMobil says it has ‘financial capacity’ to respond to oil spills
President of ExxonMobil Guyana Alistair Routledge on Monday took time to respond to what he said was “misinformation” being shared...
EPA equipped to detect radiation levels as oil sector expands
Since the emergence of the petroleum sector, Guyana has seen an influx of chemical waste facilities being established to store...
Stocks slump, oil rips past US$100 as Russia invades Ukraine
(Reuters) – Oil prices broke above US$100 a barrel for the first time since 2014, stock markets slumped and the...
Oil production, other offshore activities now monitored in ‘real time’ by EPA
The Environmental Protection Agency’s (EPA) capacity to effectively monitor activities offshore Guyana, such as the ongoing oil production, has been...
Martin Cheong to head SBM Offshore Guyana
SBM Offshore has announced that Guyanese business and finance specialist Martin Cheong will be appointed to the post of General...
With US $250M expansion, Houston shore base to employ 100 more; scale-up operations
By Shikema Dey Shikema@newsroom.gy The Guyana Shore Base (GYSBI) at Houston on the East Bank of Demerara has been servicing...
French company finds ‘significant’ oil reserves in Suriname, near Guyana’s reserves
TotalEnergies, a French oil company, announced the discovery of significant reserves of oil and gas off the coast of Suriname...
Energy conference a major success but ‘real work’ now begins – Oil Chamber
The Guyana Oil and Gas Energy Chamber (GOGEC) has hailed the recently concluded International Energy Conference and Expo a major...
Energy Expo shows foreign dominance in local oil sector
By Kurt Campbell kurt@newsroom.gy Just over a month after the government successfully championed the Local Content Bill, the International Energy...
Int’l investors assured that GPL will meet future electricity demand
By Kurt Campbell Kurt@newsroom.gy The room came alive as foreign investors attending the International Energy Conference at the Guyana Marriott...
Guyana spent US $150M importing fuel for electricity last year
By Vishani Ragobeer Vishani@newsroom.gy Guyana, which is among the world’s newest oil producers, spent about US$150 million (or GY $31...
UK pleased with Guyana’s plan towards greener future but presses need for urgency
By Kurt Campbell Kurt@newsroom.gy The United Kingdom (UK) through its Regional Ambassador to Latin America and the Caribbean Fiona Clouder...
Local company part of US$5M investment to manufacture, repair oil equipment
Local company Atlantic Marines Supplies has joined with the internationally recognised oilfield service – NTS Group – in a US...
