Featured

ExxonMobil is exploring different facility options for the exportation of gas from Guyana. Alistair Routledge, ExxonMobil Guyana President, discussed Guyana's potential as a deepwater oil producer during an August interview with S&P Global in London. Guyana has been in the...

ExxonMobil, one of the world’s largest publicly traded oil and gas companies, and operator of the Stabroek Block in Guyana, has been aggressively pushing back on cost pressures for its projects offshore the South American country. Bringing this to...

ExxonMobil Guyana has submitted to the Environmental Protection Agency (EPA), the Cumulative Impact Assessment (CIA) and Environmental Impact Statement (EIS) for its 12-well exploration and appraisal drilling campaign in the Canje Block.  A public notice outlined that “In accordance with...

Though producing assets in Guyana and the USA hold the top positions in Hess Corporation’s portfolio, the company still has its sights set on other exploration opportunities in Suriname and the Gulf of Mexico. This much was noted by...

Petrobras, Brazil's state-owned oil giant, has ventured into the voluntary carbon market, marking its first-ever purchase of carbon credits.   The acquired carbon offsets originate from the Envira Amazonia project, dedicated to the preservation of the Amazon rainforest in Acre's western...

In recent times, Guyana's emergence as a deepwater oil producer is proving pivotal in helping reduce Europe's reliance on Russian oil. This surge in Guyana's production has been significantly influenced by the strategic investments of ExxonMobil in the country.  In...

Guyana received payments from the sale of two profit oil lifts in August 2023, amounting to GY$34.66 billion (approximately US$166 million).  A Bank of Guyana report for the financial position of the Fund on August 31, 2023 did not disaggregate...

Guyana's oil and gas industry witnessed an explosive growth rate of 98.4% in the first half of 2023, President Dr. Mohamed Irfaan Ali announced on September 9. This boost in the energy sector became the main driver behind the...

By Ms. Tash Van Doimen, Mr. Rae Wiltshire & Dr. Terrence Blackman - OilNOW In an inspiring convergence of thought leaders, the recent event titled "Navigating a Changing Guyana: Pathways to Prosperity in the Era of Oil and Gas"...

The Caribbean Premier League (CPL) season is back and ExxonMobil is once again throwing its full support behind the Guyana Amazon Warriors (GAW) in their bid for the coveted title and trophy.  Exxon is expected to launch its sponsorship on...