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The UN’s top court explained as Guyana-Venezuela case proceeds

The International Court of Justice (ICJ) is the United Nations’ top court for cases between states, and it now sits at the center of the long-running border case between Guyana and Venezuela over the Essequibo region. Based in The Hague,...

GCCI President warns against extending local content controls beyond oil sector

HOUSTON, TEXAS - President of the Georgetown Chamber of Commerce and Industry (GCCI), Kathy Smith, is cautioning against extending local content controls beyond Guyana’s oil and gas sector, saying broader private investment should remain open and competitive. Smith made the...

SPE exploring deeper partnership in Guyana’s oil and gas workforce development

HOUSTON, TEXAS – The Society of Petroleum Engineers (SPE) International is looking to deepen its support for Guyana’s workforce development efforts as the country expands technical training for the oil and gas sector. Susan Howes, incoming President of SPE, raised...

Petrobras credits stronger Brent prices, fuel sales for first-quarter performance

Petrobras reported a net profit of US$6.2 billion (R$32.7 billion) in the first quarter of 2026, up 110% from the previous quarter, supported by higher oil prices, stronger production, and increased fuel sales. “The strong financial results achieved are supported...

ExxonMobil evaluating Guyana discoveries in waters nearing 3,000 meters

HOUSTON, TEXAS — ExxonMobil Guyana is evaluating discoveries in offshore waters approaching 3,000 meters deep as the company moves beyond the large oil projects that drove the first phase of development in the Stabroek Block. ExxonMobil Guyana Development Manager Kyle...

ExxonMobil-backed PhD initiative helped UG secure international accreditation, Vice Chancellor says

HOUSTON, TEXAS — A doctoral scholarship initiative funded through support from the ExxonMobil Foundation and the Greater Guyana Initiative (GGI) helped the University of Guyana strengthen its academic standing and secure international accreditation, outgoing Vice Chancellor Professor Paloma Mohamed...

Brazil gas supply rises 12% in 2025 on higher output, weaker hydropower – IEA

Brazil’s primary gas supply rose by 12% in 2025, driven by higher domestic production and reduced hydropower generation, the International Energy Agency (IEA) said in its Global Energy Review 2026. The IEA said the gains in Brazil contrasted with mixed...

Venezuela’s refusal to abide by ICJ rulings “would be a breach” of UN Charter obligations – Nandlall

Guyana warned on Monday that any refusal by Venezuela to comply with an eventual ruling by the International Court of Justice (ICJ) in the decades-old border controversy between the two countries would breach international law, after oral hearings concluded...

CNOOC says Guyana among strongest performing assets in company’s international portfolio

HOUSTON, TEXAS — CNOOC’s Vice President, International Developments, Keith Henderson said on May 5 that Guyana’s offshore oil developments now rank among the company’s top-performing assets globally because of the scale of discoveries and the speed at which projects...

ExxonMobil says Guyana avoided some local content problems seen in other oil-producing nations

HOUSTON, TEXAS — ExxonMobil Guyana President Alistair Routledge said Guyana avoided some of the local content problems experienced in other oil-producing countries because operators, government and the private sector worked together. Routledge made the remarks during a panel discussion at...

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Suriname president urges youth to pursue skills for opportunities in emerging oil and gas sector

PARAMARIBO, SURINAME – Suriname's President Jennifer Geerlings-Simons has urged young people who have left school to return to education...