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...
Taking a page from Ghana: Guyana to develop gas master plan
Guyana will be looking to Ghana for guidance as the government moves towards establishing a Gas Master Plan (GMP) to...
‘It is definitely not an oil spill’ – Natural Resources Minister
Minister of Natural Resources Vickram Bharrat on Thursday rubbished reports made by fishermen of an oil spill some 45 nautical...
Nearly G$113 billion spent on Guyanese businesses – Exxon Head
By Vishani Ragobeer Vishani@newsroom.gy ExxonMobil, the oil giant that is producing oil and gas offshore Guyana, has spent more than...
Laws for local content, oil wealth fund for National Assembly on Dec. 16
By Vishani Ragobeer Vishani@newsroom.gy The necessary laws for the integration of Guyanese into the country’s nascent oil and gas industry...
Jagdeo: Imprisonment for non-disclosure of oil revenues
By Vishani Ragobeer Vishani@newsroom.gy With the proposed amendments to the Natural Resource Fund (NRF) Act, stricter penalties for handling oil...
Guyana projected to be highest per capita world oil producer by 2035
Guyana is projected to become the highest per capita oil producer in the world by 2035, according to Latin American...
Guyana Energy Chamber, Ghana Petroleum Commission ink MoU
The Guyana Oil and Gas Energy Chamber (GOGEC) and the Petroleum Commission of Ghana are expected to work closer together...
No evidence yet of suspected ‘oil spill’ offshore Guyana – EPA Head
The Environmental Protection Agency (EPA) has thus far found no indication of any suspected oil spill, some 45 nautical miles...
$731.8B expected to be generated in oil and gas industry by 2025
Guyana is poised for substantial developments in its nascent oil and gas industry over the next few years and by...
‘Get qualified for the changing economy’- young Attorney urges
Twenty-six-year-old Attorney-at-Law, Michael Munroe, recently completed his second Masters in Legal studies, and while he is ecstatic about his accomplishments,...
Guyana sells last million barrels of oil for 2021 through Aramco
Guyana received its final cargo of oil for this year- one million barrels- last week and the country is marketing...
Local content law to cater for much-needed shorter payment periods – Jagdeo
By Vishani Ragobeer vishani@newsroom.gy Amid complaints that lengthy payments from the contractors in the oil and gas industry is a...
Oil & Gas Energy Chamber launches seminar for high school students
(Press release) – The Guyana Oil and Gas Energy Chamber (GOGEC) launched its inaugural oil and gas seminar for its...
Exxon requiring 60–90-day payment terms amounts to Guyanese businesses financing Exxon’s operations
While Guyana’s nascent oil and gas sector has created new business opportunities for local companies, the industry players’ requirement of...
Gov’t ‘working hard’ to table oil laws before year-end – Bharrat
With just over one month left before the end of this year, the government is working assiduously to ensure that...
Draft Local Content Bill calls for near takeover of oil operations by locals
The Government will soon lay its Local Content Bill in the National Assembly, which could see Guyana setting strong targets...
‘Exxon not going anywhere’- Nandlall says when local capacity is built audits will be done
Attorney General Anil Nandlall has highlighted the government’s position on the audit into ExxonMobil’s spending of US$9.5 billion for past...
Oil vessel for Exxon’s fourth project not expected to encounter flaring issues – company rep.
By Vishani Ragobeer Vishani@newsroom.gy Natural gas flaring is not expected at ExxonMobil’s fourth project called Yellowtail, which is awaiting approval...
