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Secretary of State Antony J. Blinken is set to embark on a diplomatic visit to Guyana. The visit is part of Secretary Blinken's broader engagement in the Caribbean region, where he will participate in the Caribbean Community (CARICOM) Heads...

While Guyana’s former Minister of Natural Resources, Raphael Trotman is now expressing support for a renegotiation of the Stabroek Block Production Sharing Agreement (PSA) which governs one of the world’s largest oil fields, the contract will remain intact. This...

South American neighbours Guyana and Brazil are the driving force behind 30% of global subsea tree installations all the way up to 2030, according to Rystad Energy projections.  The Norway-based firmt said investments in offshore services are expected to balloon...

Guyana's Vice President, Dr. Bharrat Jagdeo confirmed on Thursday that the administration still has its sights set on establishing a modular oil refinery. In fact, four strong contenders have been shortlisted, the official disclosed. During a press conference, the chief...

Norway's energy ministry has granted approval for oil and gas projects valued at more than 200 billion kroner (US$18.5 billion), as the country aims to maintain its position as Europe's largest natural gas supplier.  The approved projects, including Aker BP...

Fossil fuels continue to meet more than 80% of the world's energy needs despite a continued record growth rate of renewable energy in the wake of the COVID-19 pandemic, according to data compiled by the UK-based Energy Institute. Global primary...

A.P. Moller - Maersk, a global leader in container shipping, has announced the order of six mid-sized container vessels equipped with dual-fuel engines capable of operating on green methanol. The order was placed with Yangzijiang Shipbuilding Group, and the...

Guyana's Ministry of Natural Resources said in a statement on Wednesday that further evaluation will determine the potential commercial viability of the Wei-1 discovery in the Corentyne Block. While CGX Energy Incorporated and Frontera Energy Corporation have made significant...

By Tash Van Doimen & Dr. Terrence Blackman - OilNOW The Guyana Business Journal and the Caribbean Policy Consortium recently premiered Season II, Episode I of their webinar series, "Transforming Guyana." This episode delved into the critical topic of revenue...

CGX Energy Inc. and Frontera Energy Corporation announced on Wednesday an oil discovery at the Wei-1 well, on the Corentyne block, approximately 200 kilometers offshore Guyana. The Joint Venture said it has successfully finished drilling operations without any safety...