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Guyana set to earn close to 1 million US dollars per day from profit...

At the current market price for oil, which hovers around US$50 per barrel, Guyana will earn around 855,000 US dollars from the first day...

Head of Exxon briefs Guyana President on first oil preparations

President of ExxonMobil Corporation, Stephen Greenlee says the company is pleased with its level of investment in Guyana and its working relationship with the South American...

Belize halts oil purchases from Venezuela’s PDVSA

Belize Energy Limited (Apbel) will not purchase any oil derived product within Petrocaribe’s framework. The company made this announcement on September 17, after alleging...

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POPULAR ARTICLES

Tullow contracts Noble for offshore drilling in Suriname

UK-based Tullow Oil has contracted US-driller Noble Corporation for an exploration well on its "game changer" Araku prospect offshore Suriname, South America. Tullow has contracted...

Exxon making big time push for shale in South America

ExxonMobil Corporation will spend close to one billion dollars this year to ramp up the production of natural gas at the Vaca Muerta shale...

Guyanese job expectations high even as employment in oil & gas declines globally

With oil production set to begin in Guyana by 2020, expectations remain high across the population for more and better paying jobs, even as...

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Guyanese make up 70% of Exxon direct workforce – Country Manager

Around 70 percent of ExxonMobil’s direct workforce in Guyana is derived from local content, while the entire exploration and production operation consist of 40...