Featured

Exxon’s Chairman to attend February 2022 energy conference in Guyana

Chairman and Chief Executive Officer of ExxonMobil, Darren Woods, will attend the International Energy Conference and Expo Guyana 2022, slated for February 15 to 18 at the Guyana Marriott Hotel Georgetown. Guyana’s President Dr. Irfaan Ali will deliver the Keynote...

Argentina’s oil output to surpass 600,000 bpd on Vaca Muerta rally

Argentina’s massive Vaca Muerta shale play reported yet another month of outstanding oil production growth, with October volumes surpassing 190,000 barrels per day (bpd) for the first time in history on the back of a record-high number of wells...

Oil stable on signs Omicron might be fairly containable

(Reuters) - Oil prices were broadly stable on Thursday as signs the worst effects of the Omicron coronavirus variant might be fairly containable were countered by new curbs amid surging case numbers. Brent crude futures was up 19 cents, or...

Qatar Petroleum signed biggest long-term LNG contract with CNOOC

The number of long-term contracts for liquefied natural gas (LNG) has increased in 2021, following a drop in 2020 when short-term spot contracts were favoured, according to GlobalData. The data and analytics company said 23 long-term contracts were signed...

Guyana inviting proposals for combined construction of gas-to-energy facilities

Even though it has already received Expressions of Interest (EOIs) for the construction of the natural gas fired power plant for the imminent landmark gas-to-energy project, the Guyana government is now inviting proposals from firms that are capable of...

New Exxon Guyana head office will supply power to Georgetown grid – Routledge

ExxonMobil’s new solar-powered local head office which is to be built at Ogle will provide electricity to the Georgetown power grid. So says President of ExxonMobil Guyana, Alistair Routledge, speaking at the recent 132nd annual awards ceremony of the Georgetown Chamber...

Exxon partnering with Rotary, BrainStreet for delivery of online education

The Rotary Club of Stabroek has partnered with oil giant ExxonMobil Guyana and the BrainStreet Group to deliver interactive online education particularly in the Hinterland communities. This project follows a successful first phase implemented in 2020 which saw online courses...

Guyana’s Local Content Policy and the complete education of all Guyanese children

By Dr. Lorraine Sobers Guyana’s oil production is set to ramp up rapidly in the next 5 years, but this is just the beginning. By early 2022, production will reach 340,000 barrels of oil per day (bopd) with the arrival...

Fangtooth drilling results expected early next year, says Stabroek Block co-venturer

Results from drilling operations at the Fangtooth-1 prospect located at the 6.6 million acres Stabroek Block offshore Guyana is expected in early 2022, a co-venturer on the license has confirmed. “Fangtooth’s results are expected sometime in the second quarter. We’re...

EPA secures over GY$900 million in payments for flaring – Parsram

Head of the Environmental Protection Agency (EPA) in Guyana, Kemraj Parsram says to date the Agency has received GY$930 million (US$4,500,000) in payments for flaring related to oil production activities ongoing at the ExxonMobil-operated Stabroek Block. The EPA head...

Latest News

Letter to the Editor: From oil wealth to heart health

Dear Editor, For many Guyanese families, access to life-saving heart care has long meant expensive travel, long waits, or going...