U.S. crude oil imports from Guyana surged to record levels in 2024, with January and February seeing the highest monthly volumes on record at 5.4 million and 6.6 million barrels, respectively. This is according to data from the U.S....
bp Trinidad and Tobago (bpTT) confirmed on April 3 that its Cypre development has safely delivered its first gas. Cypre is one of bp’s 10 major projects scheduled to come online between 2025 and 2027 as part of its...
By Alana Nadir
The energy industry was marked safe from sweeping tariffs announced this week by U.S. President Donald Trump. Trump imposed tariffs on goods entering the country’s market, with the notable exclusion of energy products like oil, gas...
Italian engineering firm Saipem has been granted a Limited Notice to Proceed (LNTP) from ExxonMobil Guyana Limited for subsea structures, umbilicals, risers, and flowlines (SURF) work at the proposed Hammerhead oil field development in the Stabroek Block.
The project site...
Venezuela’s opposition has criticized the late President Hugo Chávez for abandoning the country’s territorial claim to Guyana’s Essequibo region.
“Hugo Chávez irresponsibly abandoned the active reclamation of the Essequibo for purely political reasons,” Edmundo González Urrutia, “President-Elect” of Venezuela and...
Americas Market Intelligence (AMI) has once again placed Guyana in a category of its own, labeling it as “great” in its 2025 economic forecast for Latin America and the Caribbean.
The ranking underscores Guyana’s exceptional economic expansion, driven by its...
Guyana and Brazil will continue to play a dominant role in Latin America’s oil production growth by 2030, according to Norway-based energy research and business intelligence firm, Rystad Energy.
The region is set to add over four million barrels per...
Elroy Vankennie is the first Guyanese to hold the role of Quality Health Safety Security and Environment (QHSSE) Manager at Guyana Shore Base Inc. (GYSBI). “Being the first Guyanese in this position is an incredible honor and a proud...
Guyana on Monday received seven bids for the second phase of its landmark Gas-to-Energy project, which includes the design, construction, and operation of a 300-megawatt (MW) combined cycle power plant and a natural gas liquids (NGL) facility with a...
Dear Editor,
As a public communication analyst with over a decade of experience in the tourism industry, I believe Guyana's emergence as a top global oil producer presents a significant opportunity to position the country as a premier business destination....