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...
As Suriname prepares for oil boom, Guyana’s President says ‘work with us’
Exciting developments are unfolding in Suriname following last year’s announcement of a substantial US$10.5 billion investment in the country’s Block...
Gas-to-Energy project: Parties to decide on arbitration
See below the full release from the Office of the President: As has been widely reported in the media, certain...
Oil Blocks Auction: Gov’t expects to sign at least four agreements this year
The government expects to close and sign agreements for at least four oil blocks this year, according to a statement...
Guyana could lead new global oil producers’ group
Guyana has been invited to lead a global group of the world’s newest oil-producing countries, Natural Resources Minister Vickram Bharrat...
Second gas project, deepwater port ‘must happen’ in next term – President
President Dr. Irfaan Ali said a second gas-to-energy project and the construction of a deepwater port must be completed within...
‘An investment for decades’ – Landmark US$300M Vreed-en-Hoop shore base opens
The landmark US$300 million Vreed-en-Hoop shore base facility was officially opened on Saturday, a move that Guyana’s President Dr. Irfaan...
Leading Mexican oil & gas company supporting Guyana Energy Conference
See below full Press Release from the Guyana Energy Conference & Supply Chain Expo: The Guyana Energy Conference and Supply...
Afreximbank is major sponsor of Guyana Energy Conference
The Guyana Energy Conference and Supply Chain Expo (GECSCE) scheduled to be held from February 18th to 21st, 2025 is...
Dr. Ramsaroop urges local content in construction of 5th FPSO
Chief Investment Officer of the Guyana Office for Investment (GoInvest), Dr. Peter Ramsaroop, recently met with Takeshi Kanamori, President and...
BUDGET 2025: US$2.5 billion can be transferred from oil fund to support nat’l development
Guyana is set to receive a significant boost in 2025, with an estimated US$2.5 billion that can be transferred from...
BUDGET 2025: $88B to transform energy sector, reduce electricity costs this year
The Government of Guyana has earmarked $88 billion for its energy sector in 2025, aiming to address longstanding issues of...
Gov’t pushes to reduce payment period for local petroleum contractors to 30 days
The government is working to improve the payment period for local contractors in the oil and gas sector, Minister of...
Guyana recorded 225 oil lifts in 2024
A total of 225 oil lifts from the Stabroek Block were recorded in 2024, with 28 of these going to...
Exxon signals weaker performance across the board to hurt Q4 profits
(Reuters) – Exxon Mobil signalled on Tuesday that sharply lower oil refining profits and weakness across all its businesses would...
US EXIM Bank Chair to visit Guyana from Thursday
See below the full release from the US Embassy in Georgetown: Export-Import Bank of the United States (EXIM) President and...
Energy efficiency workshop held to help drive low-emission future
A half-day sensitization workshop aimed at advancing energy efficiency standards and labelling in Guyana was held on Wednesday at Cara...
Guyana Energy Conference opens media registration for 2025 event
See below the full release from the Guyana Energy Conference and Supply Chain Expo: The Guyana Energy Conference and Supply...
US EXIM Bank loan shows growing confidence, deepening Guyana/ America relationship- AmCham
See below the full release from AmCham Guyana: AmCham Guyana applauds the historic approval of a $527 million loan from...
