News

Guyana on Monday held talks with India on issues ranging from areas of collaboration in energy security to the possibility of Indian companies extending training to Guyanese engineers in upstream and downstream oil and gas industries. Minister of Natural Resources,...

A trade mission is scheduled to arrive in Guyana from the United Kingdom (UK) this month. The mission will be the second of its kind for the year, registering interest in capitalising on Guyana’s growth trajectory. This is according to Sherwyn Naughton, the Country Director...

Lieutenant Colonel Kester Craig has been appointed Deputy Executive Director of the Caribbean Disaster Emergency Management Agency (CDEMA). The Chair of the Management Committee of the CDEMA Council, Ambassador Elma Gene Isaac of Saint Lucia, announced Monday that the appointment...

Offshore supply ship HOS Brass Ring is one of several vessels supporting an Environmental Baseline and Geotechnical Survey operation at the ExxonMobil-operated Stabroek Block offshore Guyana. The vessel departed from Carenage, Trinidad and Tobago, last Wednesday and arrived in...

When its Gas-to-Energy project comes on stream in 2024, Guyana is expected to break the spell of high electricity rates that has suppressed its development for decades. This major initiative will also be working in perfect synchrony with three...

CNOOC Limited, a 25% stakeholder in the Stabroek Block, recorded a massive US$5.1 billion (36.9 billion yuan) in earnings for the third quarter of 2022. This represents an 89% increase in a year driven by strong oil and gas...

Back in 2020, the world market had been hit by the unexpected and unprecedented emergence of the COVID-19 pandemic. So devastating was its impact that ExxonMobil Corporation recorded a US$22 billion loss, its biggest in four decades. Just two years...

While Hess Corporation and other majors may be cashing in big from key productive assets, global supply needs to ramp up as quickly as possible to avert further consequences of a deepening energy crisis. This was stated on Wednesday by...

Following the announcement last week of two more discoveries at Sailfin-1 and Yarrow-1 in the ExxonMobil-operated Stabroek Block, the hunt for more high-quality oil resources is now set to continue at the Fish-1 and Lancetfish-1 prospects offshore the South...

TechnipFMC, one of the prime contractors for ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL), said on Thursday that it recorded US$1.7 billion in revenues for the third quarter of this year. Chair and Chief Executive Officer (CEO), Doug...