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Kuwait, Qatar, other long-established producers now trail Guyana in per capita oil output

Countries with some of the world’s most mature petroleum industries now rank behind Guyana in per capita oil production, according to figures from scientific publication Our World in Data (OWID).  Guyana secured the top position in November 2025, and the...

Local investors deepen foothold in Guyana’s shorebase and port sector

Local participation in Guyana’s offshore supply chain continues to expand, with Guyanese investors taking on larger roles in shore bases and port facilities that serve the country’s rapidly growing oil and gas industry.  Minister of Natural Resources Vickram Bharrat said...

Gas-to-Energy project will ‘change Guyana forever’ –  Natural Resources Minister

Guyana’s Gas-to-Energy project remains one of the country’s most closely watched developments, and the government is again reiterating its impact as a catalyst for national development.  In a recent Energy Perspectives podcast, Minister of Natural Resources Vickram Bharrat described the...

UPDATED: A guide to Guyana’s Gas-to-Energy project

Editor's note: This article was updated on November 25, 2025. It was first published on December 29, 2024. The Guyana government is working closely with a contractor to ensure the Gas-to-Energy project is completed for start-up in mid-2026, making...

Guyana’s next production milestone: 1.1 million barrels with Uaru development

Guyana is preparing for another major expansion of oil output, with the Uaru project set to start production in 2026. The development, located in the Stabroek Block, is the fifth project approved offshore the country.  It is expected to move...

Liza 1 production trending back to nameplate levels

ExxonMobil’s Liza 1 development offshore Guyana is trending back toward its original nameplate capacity of 120,000 barrels of oil per day (b/d), as output gradually declines from the peak rates achieved after two optimization campaigns, according to production data...

Guyana government sets firm January 2026 deadlines for local content approvals

The Ministry of Natural Resources has announced a new fixed timeline for reviewing and approving local content certification applications. The update, released through the Local Content Secretariat today, takes effect in January 2026. The move forms part of President Irfaan...

Stabroek Block reaches 51 discoveries as Liza’s breakthrough continues to shape Guyana’s oil future

Guyana’s Stabroek Block now has 51 discoveries filed with the Ministry of Natural Resources. ExxonMobil confirmed the figure in a release on Sunday, stating, “We have announced more than 30 significant discoveries in the Stabroek Block, while filing 51...

India buying Guyana oil displaced by oversupply in Europe

India is buying up some of Guyana's crude displaced by oversupply in Europe, according to analysts on an S&P Global Commodity Insights oil markets podcast published October 30. Europe, usually the largest buyer of Guyanese crude, has become saturated with...

65 offshore wells drilling in Suriname as exploration drive expands

Suriname has recorded 65 offshore wells drilled as of November 2025, according to new data published in Staatsolie’s GeoAtlas of Suriname. The report notes that these wells “included mainly exploration wells and a few appraisal wells”, demonstrating the country’s...

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Kuwait, Qatar, other long-established producers now trail Guyana in per capita oil output

Countries with some of the world’s most mature petroleum industries now rank behind Guyana in per capita oil production,...