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The International Court of Justice, otherwise called the World Court, has scheduled public hearings for Tuesday, November 14, 2023, at the Peace Palace in The Hague, the seat of the Court.  The overarching case under contention is the question of...

By Ivelaw Lloyd Griffith - OilNOW In light of recent developments in the border controversy between Guyana and Venezuela, I thought it worthwhile to expound on the newest tactics in Venezuela’s intimidation playbook. In Part 1, I examined two questions....

In dialogue at the AfriCaribbean Trade and Investment Forum held in Georgetown, Guyana, NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC), urged Guyana to fully produce its hydrocarbon resources. The context of his comment was a...

Guyana’s Vice President, Bharrat Jagdeo has made it clear that the country will refrain from responding to the aggressive posturing of top Venezuelan government officials.  “We are not going to be responding on a daily basis to jingoism…the belligerent language...

As TotalEnergies prepares for its inaugural offshore development venture in Suriname, the competition intensifies between SBM Offshore and MODEC to secure the contract for the project's 200,000 barrels-per-day production vessel. In anticipation of the bidding process, both contractors have initiated...

Petronas Suriname has announced a major oil discovery at the Roystonea-1 exploration well in block 52.  The successful drilling, carried out in an offshore location about 185 kilometers from the coast and at a water depth of 904 meters, has...

The Georgetown Chamber of Commerce and Industry (GCCI) has voiced its profound disappointment regarding ongoing power outages in Guyana. In a November 2 release, the GCCI stated that "this continued spate of power disruptions is having an acute impact...

ExxonMobil Guyana president, Alistair Routledge, has made it clear that the company's reputation is intimately linked to the impact of its large oil projects in Guyana. "We feel our name is now tied to whether this is a success...

Noble Corporation plc today reported a significant increase in its financial metrics for the third quarter of 2023, on October 31. The net income surged 364% to US$158 million, compared to US$34 million in the same period last year....

The Commonwealth has issued a statement expressing "deep concern" over the Venezuelan National Assembly's decision to undertake a referendum on the status of the Essequibo region. The referendum is scheduled for December 3 and concerns the sovereign territory of...