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...
Gov’t maps out plans for fertiliser, data and glass plants at Wales
The government has mapped out plans for its flagship Wales Industrial Zone, setting aside land for a data centre, an...
Pouring of foundation Tuesday for first energy turbine of landmark Gas-to-Energy project
The foundation for the first energy turbine will be poured Tuesday, President Irfaan Ali announced Monday, signaling a major milestone...
Guyana’s oil production capacity now more than 900,000 barrels daily
August 8, 2025- ExxonMobil Guyana started production today at Yellowtail, the fourth oil development in Guyana’s offshore Stabroek block. Yellowtail’s...
Oil production starts at ‘ONE GUYANA’ vessel
See below the full release from the Ministry of Natural Resources: August 8, 2025- The Government of Guyana is pleased...
Gas-to-Energy project moves ahead as company changes name to Lindsayca Guyana
The transformative Gas-to-Energy project in Guyana continues to advance steadily, with construction, equipment delivery, and logistics all proceeding in line...
Four more Guyanese awarded Petroleum Sciences scholarships
For the third year in succession, four top Guyanese students have been awarded scholarships to study Petroleum Sciences at leading...
Guyana’s second oil auction could be next year
A second auction for oil blocks offshore Guyana could be held in 2026, according to Vice President Dr. Bharrat Jagdeo....
ExxonMobil Guyana relinquishes 20% of Stabroek Block
The Ministry of Natural Resources announced on Wednesday that ExxonMobil Guyana Limited (EMGL) has officially relinquished 20 per cent of...
MODEC recruited 18 Guyanese, spent US$3.4 million on local suppliers in 2024
MODEC, a solutions provider in the oil and gas sector, stated that it recruited 18 Guyanese and spent approximately US$3.4...
New Women in Energy Board of Directors elected
See below the full release: Women in Energy (WIE) Guyana proudly announces its newly elected Board of Directors for the...
India believes it has ‘Guyana-like’ potential in oil sector
India is expanding oil and gas production in the Andaman region, an area the government believes holds huge reserves similar...
Backup energy storage system to support Gas-to-Energy project arrives
Georgetown, Guyana. June 13, 2025 – LNDCH4 Guyana is pleased to announce the arrival of the Backup Battery Storage System...
Guyana should get about US$10 billion annually from oil production in a few years
By the end of the decade, Guyana should get about US$10 billion (or about G$2 trillion) annually from royalties and...
ExxonMobil’s 2024 profit in Guyana nears G$1 trillion
ExxonMobil Guyana Limited (EMGL), the operator of the lucrative Stabroek Block offshore Guyana, earned G$995.1 billion in profits at the...
Gov’t disputes over US$279 million in Stabroek Block oil expenses following cost recovery audits
The Ministry of Natural Resources has issued a comprehensive update on the status of three audits into the expenses claimed...
Oil Pollution Bill passed in National Assembly
Championing the newest piece of legislation regulating the operations of oil extraction, Prime Minister Brigadier (Ret’d) Mark Phillips, declared that...
Gov’t to table landmark ‘Oil Spill’ Bill in National Assembly next Monday
The government will table the long-anticipated Oil Pollution, Prevention, Preparedness, Response and Responsibility Bill 2025 in the National Assembly next...
Oil production at Yellowtail development should start later this year
See below the full release from ExxonMobil Guyana Limited: April 15, 2025: ExxonMobil Guyana today announced the arrival of the ONE...
