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Petrobras is expanding local content expectations beyond formal contractual mandates in Brazil, according to a February 19 Rystad Energy analysis. In January 2025, Petrobabs had noted that Brazil’s local content law aims to boost investments and optimize the country’s exploration...

The Government of Guyana is advancing a large-scale offshore 3D multi-client seismic acquisition, a move aimed at reducing exploration risk across acreage south of the Stabroek Block and strengthening the country’s upstream petroleum framework. According to a March 9 notice...

The last time Brent crude traded above US$100 per barrel was in 2022, when Russia’s invasion of Ukraine triggered one of the most severe energy shocks in recent history, per the U.S. Energy Information Agency’s records.  The war disrupted global...

Dear Editor,  ExxonMobil Guyana’s US$100 million investment in STEM education comes at a defining moment in Guyana’s history. As our country grows as a major energy producer, the most important resource we must develop is not oil, but people. This initiative...

The disruption in tanker traffic through the Strait of Hormuz represents the largest disruption to global oil production ever recorded, according to Daniel Yergin, Vice Chairman of S&P Global. Yergin made the assessment in a March 9 opinion piece...

Wells Alliance Guyana has named the Stena Carron drillship ‘Rig of the Quarter’, a recognition announced by Stena Drilling last week as the vessel marks 10 years of deepwater operations offshore Guyana. In a March 5 LinkedIn post, the company...

Dear Editor, The story of local content in Guyana is, in many ways, the story of our economic coming of age. What began as a call to ensure Guyanese participation in a new oil and gas sector has evolved into...

British energy giant bp is advancing projects to lower the carbon footprint of energy production while maintaining global oil and gas supply, according to key disclosures in its recently published Sustainability Report. The company reported oil and gas production of...

Over the course of her distinguished career, veteran journalist and Editor-in-Chief Gwen Evelyn has consistently united refined professional decorum with incisive, disciplined focus.  That dedication has been the driver behind Energy Guyana Magazine’s success, the country’s only publication dedicated entirely...

Oil production offshore Guyana averaged 915,000 barrels per day (b/d) in January 2026. Government data shows that output across the four ExxonMobil-operated projects in the Stabroek Block totaled 28.375 million barrels for the month, reflecting the continued ramp-up of the...