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Guyana will remain a net carbon sink through 2030 even as it expands oil production with multiple offshore projects, according to an environmental impact assessment (EIA) for ExxonMobil’s proposed Longtail development. The assessment, prepared by ExxonMobil consultant Acorn International, found...

Energy services companies in Trinidad and Tobago reported a sharp slowdown in activity in the first quarter of 2026, according to a survey released on March 19 by the Energy Chamber of Trinidad and Tobago. The Energy Services Sector Survey...

Dear Editor, ExxonMobil’s US$100 STEM initiative is garnering a lot of attention and rightfully so. It will be the first time such a large investment has been made in STEM education locally. This initiative will be promising for teachers and...

The pipeline to support Guyana’s gas development in East Berbice-Corentyne (Region Six) could cost about US$2 billion or more. This is according to President of ExxonMobil Guyana Limited (EMGL),  Alistair Routledge, speaking during a press conference on March 19.  The...

Approximately 9,000 people are now employed in Guyana’s oil and gas sector, with roughly 70% of them being Guyanese, Alistair Routledge disclosed during a recent media session.  The 70% represents approximately 6,300 local workers, including around 300 who are relatively...

Staatsolie Maatschappij Suriname will begin a seismic survey offshore Suriname next week to assess potential oil and gas resources in the country’s Exclusive Economic Zone (EEZ). The company announced on March 19 via LinkedIn post that the research will involve...

Guyana is set to receive a bigger share of revenue from oil production as higher prices accelerate the pace of cost recovery at the ExxonMobil-operated Stabroek Block. The cost bank for the block is just over US$5 billion, Alistair Routledge,...

ExxonMobil Guyana Limited (EMGL) does not plan to seek a renewal of the Canje Block licence offshore the South American country, according to Alistair Routledge, the company's President. During a press conference on March 19 at Exxon’s office in Ogle,...

Several upstream gas developments planned by bp and Shell offshore Trinidad and Tobago are targeting first gas in 2027, according to the companies’ latest annual reports cited by the Daily Express.  Among the developments outlined in bp’s annual report is...

ExxonMobil Guyana said Thursday that it will submit a field development plan (FDP) for its proposed Longtail project to Guyana’s Ministry of Natural Resources by the end of this week.   President Alistair Routledge said during a press conference at the...