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The Organisation of Petroleum Exporting Countries (OPEC) on June 27 said that it has not invited South America’s newest oil producer - Guyana to become a member, contrary to a Wall Street Journal report.  “In view of recent reports about...

Hess Corporation’s Chief Executive Officer (CEO), John Hess has confirmed that extensive appraisal work is being undertaken to properly develop the Fangtooth field as the seventh project for the Stabroek block partners. During a recent conference, Hess said it is...

The Organisation of Petroleum Exporting Countries (OPEC) has its eyes on Guyana but its efforts at persuading the South American nation to join the group have been unsuccessful to date.   “We don’t want to be part of OPEC at...

Guyana's Opposition Leader, Aubrey Norton on Monday expressed disappointment with the newly released Petroleum Activities Bill, stating that it fails to incorporate the lessons learned from challenges faced by the country's oil and gas industry in recent years. The...

By Dr. Lorraine Sobers - OilNOW Guyana has launched into the energy sector at an historic time as the world begins the energy transition away from predominant fossil fuels to increasing renewable energy use. Starting in 2015, the country rapidly...

Guyana, a rising player on the global stage, has secured yet another significant position in international bodies. Guyanese National Dr. Christopher Arif Bulkan was elected as a Commissioner on the Inter-American Commission on Human Rights (IACHR), marking the first...

Vice President Dr. Bharrat Jagdeo said Thursday that companies interested in Guyana’s offshore licensing round will not be deterred by its postponement. He recently announced a one-month postponement to facilitate the update of Guyana’s outdated oil laws.  “We have enormous...

Guyana’s new draft Petroleum Activities Bill includes a framework to allow for the regulation of underground carbon storage.  The Minister with responsibility for Petroleum would have the power to grant rights for prospecting for and exploration of underground carbon dioxide...

More oil and gas development means more workers needed - 30,000 by 2024, according to Rystad Energy’s estimates, a significant increase from previous years. And this is just for South America’s operations and maintenance (O&M) workforce.  The Norway-based independent research...

Guyana’s team emerged victorious and walked away with the top prizes at the 2023 Concours d’Architecture International held recently in French Guiana - a competition that encourages students to be innovative and offer environmentally and socially sustainable project designs...