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...
‘Significant milestone’ – PSC welcomes US EXIM Bank loan approval
See below the full release from the Private Sector Commission of Guyana: The Private Sector Commission (PSC) of Guyana commends...
‘AFC’s lies easily debunked’ – Jagdeo says as US EXIM Bank loan approved
The United States Export-Import (EXIM) Bank this week approved a US$526 million loan for Guyana’s Gas-to-Energy project, a move Vice...
President welcomes approved US EXIM Bank loan
See below the full release from the Government of Guyana: Today at noon, His Excellency the President Dr. Mohammed Irfaan...
US EXIM Bank announces approval of US$526M loan for Guyana’s Gas-to-Energy project
See below the full release issued by the US Embassy in Georgetown on Thursday (Dec 26): Today, the Board of...
Major milestone: Steam turbines, oil tanks arrive for Gas-to-Energy project
A major milestone has been reached in Guyana’s ambitious Gas-to-Energy project, with the arrival of two cutting-edge steam turbines and...
More than $2 billion spent on Guyanese goods, services – Exxon
ExxonMobil Guyana will mark five years of oil production in Guyana on December 19, a significant achievement that underscores the...
Trinidad’s Nat’l Energy Company is major partner of Guyana Energy Conference
See below the full release from the Guyana Energy Conference and Supply Chain Expo: The Guyana Energy Conference and Supply...
Guyana needs deepwater port, gov’t may have to co-invest in venture – Jagdeo
Vice President Dr. Bharrat Jagdeo, in no uncertain terms, said Guyana needs a deepwater port but Thursday contended that the...
Procurement rules by oil and gas companies now under scrutiny – Dr. Pertab
The Local Content Secretariat is examining the procurement guidelines being used by companies operating in Guyana’s oil and gas sector,...
Exxon withdraws from offshore Suriname oil-exploration block
(Bloomberg) Exxon Mobil Corp. withdrew from an oil exploration block off the coast of Suriname, not far from where it discovered...
With ‘contingencies’ in place, Guyana’s electricity costs will be slashed in half next year – President
A mega Gas-to-Energy project is under development and will slash Guyana’s electricity costs in half, according to the country’s President,...
$314M invested and 4,500 locals hired in oil sector as of mid-2024 – Local Content Sec.
To significantly boost local participation in the oil and gas industry, the Local Content Secretariat invested approximately $314 million in...
ExxonMobil, partners celebrate as Stabroek Block hits 500 million barrels
ExxonMobil Guyana and its co-venturers, Hess and CNOOC, announced on Wednesday that they have reached a significant milestone of 500...
GPEC launches as Guyana’s first oil & gas engineering equipment provider
With a focus on hiring locals and partnering with businesses here, GPEC Energy Products Inc. has entered the Guyana market...
Three local fabricators to help build newest oil platform
In a bid to ensure opportunities are provided to locals, three Guyanese fabricators will be producing the fixtures for the...
State-of-the-art gas turbines from Sweden arrive in Guyana
See below the full statement issued: LNDCH4 Guyana proudly announces the arrival of two advanced gas turbines from Sweden, marking...
Gov’t identifies firms to market Guyana’s share of crude
The Government of Guyana (GoG), through the Ministry of Natural Resources, is pleased to announce the award of contracts, through...
Guyana’s oil helping to prevent price manipulation – US official
By Vishani Ragobeer in La Jolla, San Diego vishani@newsroom.gy Oil produced in the Stabroek Block offshore the tiny South American...
