Featured

Maka, Kwaskwasi development not feasible yet – Staatsolie head 

Block 58 operator TotalEnergies does not see a feasible development from its Maka and Kwaskwasi discoveries, according to the Managing Director of Suriname’s state oil firm Staatsolie.  Annand Jagesar told Reuters late Tuesday that instead, the company has been pushing...

Any act that compromises regional peace should not be endorsed – DR Ambassador on Venezuela’s latest ploy to seize Essequibo 

Following Venezuela's recent passage of a legal instrument to undermine Guyana’s control over the Essequibo region, the Dominican Republic’s Ambassador to Guyana, Ernesto Torres-Pereyra, emphatically stated that his country is opposed to such measures.  “Any act that compromises regional peace...

Guyana’s leadership stands firm on energy transition despite industry skepticism

Executives of the world’s foremost fossil-fuel giants recently poured cold water on the slothful energy transition movement, deeming it a fantasy to be abandoned. Despite such a position being shared by Amin Nasser, Chief Executive Officer (CEO) of Saudi...

Fmr. U.S. President Bill Clinton to headline forum in Guyana this week

Former U.S. President, William Jefferson Clinton will be the featured speaker at the United Caribbean Forum, which will be held at the Arthur Chung Conference Centre (ACCC) in Georgetown on March 26. The Bilateral Dominican Republic-Guyana Chamber of Commerce is...

“It is one of the most incredible success stories” – Mallon on Guyana’s oil development 

The story of Guyana being just a tiny South American country to one of the most prolific oil producers in the world is remarkable, according to ExxonMobil Upstream President, Liam Mallon.  During his CERAWeek 2024 presentation, Mallon said, “It is...

Guyanese win big in Exxon’s Big Red Bus Tour 

ExxonMobil Guyana announced the winners of the competition held as part of its countrywide Big Red Bus Tour, which aimed to foster community engagement and discuss ongoing and future projects impacting the lives of Guyanese. The highlight of the 50-day...

GYSBI celebrates 250 days LTI-free, delivers one million cubic feet of sand to Wales

Guyana Shore Base Inc. (GYSBI) said it achieved a milestone of 250 days without Loss Time Injuries (LTIs) and has also successfully delivered and placed 1,000,000 cm³ of sand at the Wales, West Bank Demerara site, which is being...

CIA Director pays visit to Guyana amidst Venezuela tensions

President Irfaan Ali of Guyana welcomed William J. Burns, the Director of the Central Intelligence Agency (CIA) of the United States of America, who paid a courtesy visit at the State House.  Burns' visit, chaperoned by U.S. Ambassador to Guyana,...

Guyana calls Venezuela’s latest move “illegal expansionism” in ramped up appeal to int’l community

The Venezuelan National Assembly's adoption of a law declaring Guyana's Essequibo region as part of Venezuela has been sternly rebuked by the Guyana government. Guyana has appealed to the international community to reject Venezuela's "illegal expansionism" and to support...

Guyana to introduce landmark oil spill legislation this year – VP Jagdeo

The Guyana government will this year table in its parliament, a landmark legislation that will address liabilities and other matters associated with oil spills. This announcement was made on Thursday by the country’s Vice President and chief policymaker for...

Latest News

Petrobras confirms new pre-salt oil discovery in Campos Basin offshore Brazil

Brazilian state-controlled energy company Petrobras has confirmed a new pre-salt oil discovery in the Campos Basin offshore Brazil, located...