News

The Extractive Industries Transparency Initiative (EITI) has observed a growing global commitment towards beneficial ownership transparency. The international watchdog said earlier this month that over 110 countries have now committed to the publication of beneficial ownership information for companies across...

APA Corporation announced on Wednesday the results from appraisal drilling at Keskesi South-1 on Block 58 offshore Suriname. APA Suriname holds a 50% working interest in the block, with TotalEnergies, the operator, holding a 50% working interest. Keskesi South-1, drilled...

Guyana’s Ministry of Natural Resources said on Wednesday it welcomes the International Energy Conference and Expo and is pleased to be associated with the event slated for February 15 -18, 2022, at the Arthur Chung Conference Centre, on the...

Environmental data have been collected offshore Guyana and studied since 2014 and reports have been compiled describing the physical, chemical, and biological properties of sediment and the water column to document baseline conditions, particularly in the Stabroek Block. These...

(Reuters) Oil prices fell on Wednesday after U.S. crude inventories unexpectedly rose and amid concerns about a slowing Chinese economy. Brent crude was down 46 cents, or 0.6 %, at $78.63 a barrel by 0950 GMT. On Tuesday, it fell...

With increasing temperatures, rising sea levels, and more aggressive effects of climate change occurring, it is obvious that every country must do its part to achieve the goals of the Paris Agreement of net-zero carbon emissions by 2050. A...

Edison Chouest Offshore, a transportation solutions provider based in Louisiana, is looking to expand its operations in the new oil producing country of Guyana. The company’s local affiliate, G-Boats, is currently operating an oil and gas offshore support terminal with...

As Guyana’s oil and gas industry rapidly expands, so too will the opportunities for the private sector to tap into the downstream product and service demands, particularly with regard to food supply. This is according to Minister of Agriculture,...

(Reuters) Oil markets climbed for a sixth day on Tuesday, reversing earlier losses, on fears over tight supply while surging prices of liquefied natural gas (LNG) and coal also lent support. Brent crude futures gained $1.05, or 1.3%, to $80.58...

(Bloomberg) -- Venezuela’s military intelligence officials detained seven workers at a facility owned by state-owned oil producer Petroleos de Venezuela amid a terrorism-related investigation. The workers at the Paraguana refining complex in Falcon state were held on Thursday by the...