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The need for any country to build resilience against oil price volatility and global supply shocks is a recurring conversation. But when Russia invades Ukraine, and causes the biggest oil price jump in years, the urgency to convert this...

As Guyana continues to build capacity to regulate the oil and gas industry, the Ministry of Labour is training officers to be able to conduct inspections at the site of ExxonMobil’s offshore operations. Minister of Labour, Joseph Hamilton told OilNOW...

Guyana’s Minister of Natural Resources, Vickram Bharrat, said companies involved in the extractives sector must remove disparities in the treatment of local and expatriate workers, when it comes to pay and occupational health and safety (OHS). He said too,...

Guyana’s oil production ramp-up in the period 2021-2025 is unprecedented, and so steep that it exceeds the combined estimated growth of the next three countries combined, according to chief executive officer at Hess Corporation, John Hess. “Guyana production through 2025...

The technical capacity of Guyanese to fill the demand for skilled workers in the oil and gas sector—moreso offshore—has been a concern raised in the conversation on local content. Sameer Ally, a young Guyanese, is a shining example of...

Guyana’s Office for Investment (GO-Invest) has released an investment prospectus which outlines 55 areas government wants investors to go after, with a promise of generous tax breaks and fast-tracked approvals. “Guyana is experiencing transformative and exponential growth since becoming an...

NRG Holdings Incorporated conducted community engagements on March 25-26 for its landmark Port of Vreed-en-Hoop project. Residents from surrounding communities were given the opportunity to ask questions and raise concerns on the potential impact of the development. The activity...

(Reuters) - U.S. oil producer Exxon Mobil Corp is drilling in a new area offshore of Brazil that could have as much as 1 billion barrels of oil and gas, its partner Murphy Oil said on Tuesday. If exploration is successful,...

ExxonMobil sees its production volumes from the Permian Basin and offshore Guyana potentially combining for close to 2 million b/d of oil equivalent well before the end of the decade, S&P Global Platts said in an article earlier this...

In a scathing rebuke of an opposition proposal to give every Guyanese adult GY$200,000 (US$1000) on a quarterly basis, Vice President Dr. Bharrat Jagdeo said Guyana cannot build its future if it takes such an approach. The proposal is in...