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More than 180 million barrels left to produce at Liza 1, says energy sector consultant

Independent energy consultant and reservoir engineer Les Anthony said more than 180 million barrels of oil remain recoverable from ExxonMobil’s Liza 1 project offshore Guyana, even as production from the country’s first oil development shows signs of decline after...

Venezuela terminates gas contracts with Trinidad – Vice President Rodriquez

Venezuela has decided to immediately terminate all contracts, agreements and negotiations for the supply of natural gas to Trinidad and Tobago. This is according to Vice President Delcy Rodriguez, who on Monday cited “hostile acts” involving the United States. In...

SLB strengthens local partnerships with first-ever women-owned business supplier forum in Guyana

As women-led enterprises continue to expand their influence across Guyana’s energy sector, the need for targeted support and guidance has become increasingly clear.  In response, SLB successfully hosted its first Women-Owned Business Supplier Forum - an initiative designed to amplify...

Letter-to-the-Editor: A World Trade Center in Guyana shows how oil is reshaping our economy

Dear Editor, As an economics student, I see the decision of the World Trade Center Association to establish a presence in Guyana as more than a business milestone; it is a clear signal of how far our country has come...

Guyana’s full-year output on track to average 700,000-725,000 b/d 

Guyana’s crude oil production for the full year is on track to average between 700,000 and 725,000 barrels per day (b/d), after the Yellowtail project lifted output to 900,000 b/d in the latter half of the year.  Government data reviewed...

Guyana’s oil fund got US$195 million in signing bonus and oil sales for November 

Guyana’s Natural Resource Fund (NRF) received about US$195 million in November 2025, driven by crude oil sales and the first signing bonus paid to the fund, according to the latest NRF report. The fund took in roughly US$191.6 million from...

Letter-to-the-Editor: GOGEC and GTI partnership will revolutionise Guyana’s local workforce for the booming oil and gas sector

Dear Editor, I must commend the Guyana Oil and Gas Energy Chamber and the Government Technical Institute for helping young Guyanese gain real skills for jobs in the oil and gas industry. This partnership is a positive and timely move,...

bp launches 7th major project this year with Atlantis Drill Center Expansion 

British energy giant bp marks the start of its seventh major project in 2025 with the launch of the Atlantis Drill Center 1 expansion in the US Gulf of Mexico, increasing peak production by 15,000 barrels of oil equivalent...

President Ali meets with U.S. War officials as tensions mount in South America 

Guyana’s President Irfaan Ali met senior officials from the United States Department of War this week as Washington sharpens its posture toward Venezuela amid rising regional tensions. Patrick Weaver, Senior Advisor to the U.S. Secretary of War, and Joseph Humire,...

Guyana Technical Training College campus now complete, set for January occupancy  – Ali

Construction of the Guyana Technical Training College (GTTC) at Port Mourant, Berbice has been completed and the facility is ready to receive its first full cohort of students in January, President Irfaan Ali revealed this week on Facebook. The campus...

Latest News

Guyana oil fund got US$253 million in February

Guyana’s Natural Resource Fund (NRF) received US$253 million (GY$53 billion) in February from the sale of the country’s share...