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Hess’ Guyana net oil production in 2024 beat its U.S. output for the second time, the company said in its annual report.  Net Guyana output for Hess’ 30% stake in the Guyana Stabroek Block was 68.136 million barrels in 2024,...

The United States government has revoked the licenses granted to Trinidad and Tobago for the Dragon and Manakin-Cocuina cross-border gas fields. Prime Minister Stuart Young made the announcement during a press briefing at Whitehall on April 8 at 4:45 p.m.,...

By mid-2025, a second local catering consortium is anticipated to launch, targeting Guyana’s oil and gas industry. Dr. Martin Pertab, Director of the Local Content Secretariat, made this announcement at the Local Content Summit. Dr. Pertab said discussions with international...

President Dr. Irfaan Ali made a strong call for Guyanese investors to directly participate in the country’s booming energy sector. Speaking at the 2025 Local Content Summit, Ali laid out a strategy centered on local ownership, risk-sharing, and new...

Guyana’s export of oil is largely responsible for the country's trade surplus with the United States. This surplus was a deciding factor in the recently announced tariffs by President Donald Trump which has resulted in the application of a...

Dear Editor, As I continue to work in public communications,  after speaking with the average citizen on a regular basis, I find that more people are becoming interested in the oil and gas sector. However, many are deeply concerned about...

Petronas will begin a 257-day, three-well drilling campaign in Suriname’s offshore Block 52 in June. The program details were disclosed in documents submitted to the country’s National Institute for Environment & Development (NIMOS), according to a report in Upstream...

One of the key substations that will transmit power from Guyana’s 300-megawatt (MW) Gas-to-Energy (GtE) project is nearing completion, well ahead of the project’s full commissioning. Minister within the Ministry of Public Works, Deodat Indar, on April 3 inspected...

“Suriname has significant untapped potential,” U.S. Ambassador to Suriname Robert J. Faucher said in a recent interview, emphasizing investment as a key area of engagement between the U.S. and Suriname. He highlighted the need for reforms to attract businesses,...

Dear Editor,  We recently had a visit by the United States Secretary of State, Marco Rubio, who emphasised that any aggression towards Guyana or its economic interests, including ExxonMobil, would result in severe consequences. This statement sends a clear and...