LATEST ARTICLES
‘Enormous’ Stabroek Block fueling explorers’ growth plans – Wood Mack
The unprecedented number of oil discoveries being made off the coast of Guyana by US oil major ExxonMobil in partnership with Hess and CNOOC...
Rowley and entourage arrive in Guyana today for MoU signing
Following a groundswell of public pronouncements and speculation over an announced visit to Guyana by Trinidad and Tobago (TT) Prime Minister Dr. Keith Rowley...
Sovereign Wealth Fund not a development plan – Jordan
Guyana’s Minister of Finance, Winston Jordan, is making it clear that the role of the Sovereign Wealth Fund is not to outline what oil...
Repsol to place increased emphasis on natural gas – Chairman
Chairman of Repsol Antonio Brufau said the Spanish major is placing increased emphasis on natural gas as a “big pillar” in its overall strategy,...
CNOOC Limited expecting 58,700 bpd by 2020 from Penglai production
CNOOC Limited one of the three partners in Guyana’s offshore Stabroek Block, announced on September 18, 2018 that the Penglai 19-3 oilfield project has...
Oil rises as Saudis are said to be content with prices over $80
(Bloomberg) Oil rose as Saudi Arabia was said to be comfortable with Brent crude exceeding $80 a barrel. Futures in London added as much as...
Guyana, Trinidad to sign energy MoU this week
Trinidad and Tobago’s Prime Minister, Dr. Keith Rowley is set to visit Guyana this week to sign the much talked about Memorandum of Understanding...
Kosmos Energy completes acquisition of Deep Gulf Energy
Komos Emeergy said on Monay that it has completed the previously announced acquisition of Deep Gulf Energy, a leading deepwater company operating in the...
Call for halt to oil production is ‘self-promoting stunt in pursuit of ulterior motive’...
Debate on a myriad of issues continues in Guyana as the country gears up to become a major oil producer in the region. A...
Guyana can go green but the world needs its oil – former BP executive
Can a green economy co-exist with a petroleum industry? The short answer, according to Professor Gary Dirks, is yes. “There is absolutely no reason why...