LATEST ARTICLES

OPEC keeps oil market guessing over further production cuts

(Bloomberg) - Ministers from OPEC and its allies look set to keep everyone waiting longer for confirmation of further action to rebalance the oil...

Newly trained Guyanese urge countrymen to acquire skills in oil & gas

Fourteen Guyanese departed the South American country for neighboring Trinidad and Tobago in August for what has been a life-changing experience developing skills and...

Exxon Houston facilities back in operation after Harvey disaster

ExxonMobil said today that its Baytown and Beaumont refineries have begun producing fuels at reduced rates and that crude oil and refined product pipelines in the...

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...

Caribbean oil terminals make preparations ahead of Hurricane Maria

(Reuters) - Several Caribbean oil storage terminals that temporarily closed ahead of Hurricane Irma earlier this month have started making preparations in case they...

Guyana’s push to ease power generation deficiency with natural gas production gains momentum

Guyana’s push for the production of Liquefied Natural Gas and its use to alleviate a decades-old power generation deficiency in the South American country...

Business summit slated or September 25-26 to focus on transformation of economy

The Caribbean-Central American Action (CCAA) and the Inter-American Development Bank (IDB) will be hosting a business summit in Guyana in collaboration with a number...

China says foreign oil & gas investors welcomed

(China Daily) China welcomes foreign oil and gas companies to continue investing in the country as the undergoing oil and gas industry reform is...