Featured

Guyana, T&T could benefit from higher hydrocarbon prices amid US–Iran conflict – TT Energy Chamber

Energy-producing nations in the Caribbean, including Guyana and Trinidad and Tobago, could see increased revenues as global oil prices rise amid escalating tensions involving the United States and Iran, according to the Energy Chamber of Trinidad and Tobago. Middle East...

ExxonMobil presses ahead with development drilling at Uaru

ExxonMobil Guyana Limited (EMGL) will continue development drilling at the Uaru Project’s UA_4P04 drill center in the Stabroek Block offshore Guyana, according to a notice from the Maritime Administration Department (MARAD). Operations began on March 12, 2026, within Guyana’s Exclusive...

Oil prices stabilized on Monday, as US allies reject Trump’s call for naval group to open Strait of Hormuz 

Oil prices eased by 1% on Monday as U.S. allies rejected President Donald Trump's repeated calls for help to unblock the Strait of Hormuz.  “Brent crude futures fell 92 cents to US$102.22 per barrel by 1248 GMT, while U.S. West...

ExxonMobil’s Longtail FPSO specs cater for higher production

Design specifications for the floating production vessel planned for ExxonMobil's proposed Longtail project in Guyana allow for higher production, according to the environmental impact assessment (EIA) report submitted by ExxonMobil. This could facilitate increased hydrocarbon production once initial levels...

Letter-to-the-Editor: Women in Guyana’s energy sector inspire the next generation

Dear Editor,  Recently, while scrolling through social media, I came across many heartfelt acknowledgements celebrating women especially those working in Guyana’s oil and gas sector. As a young woman, hearing the stories was truly inspiring. For a long time, industries like...

Thousands of teachers and students in Guyana are expected to feel the impact of ExxonMobil’s STEM investment

ExxonMobil is positioning long-term science and engineering education as central to Guyana’s workforce development, with executives and students underscoring the impact of hands-on learning and expanded access to technical training. In a video released by the company on February 4,...

Exxon completes environmental study for Guyana’s first non-associated gas project

ExxonMobil has submitted the environmental impact assessment and environmental impact statement for the proposed Longtail development offshore Guyana, a key step toward the country’s first non-associated gas project. The documents were filed with the Environmental Protection Agency, according to a...

Automation, emissions reduction to define next generation of FPSOs — MODEC

Automation, digital technologies, and emissions reduction are expected to shape the next generation of floating production, storage and offloading (FPSO) vessels, according to discussions at the Deepwater Development Conference in Lisbon, Portugal.  The conference, hosted by World Oil and Gulf...

Guyana oil fund got US$253 million in February

Guyana’s Natural Resource Fund (NRF) received US$253 million (GY$53 billion) in February from the sale of the country’s share of crude produced offshore, adding to the steady flow of oil revenues that continue to build the country’s sovereign wealth...

Conflict scenarios could push Brent toward US$135 per barrel – Rystad Energy analyst

Brent crude prices could climb as high as US$135 per barrel if the current geopolitical tensions disrupt oil supplies for several months, according to Jorge León, Head of Geopolitical Analysis at Rystad Energy. León outlined the potential price paths in...

Latest News

Full salvage of MV Barima will have to be discussed with affected family members – Ali

President Irfaan Ali said families of those still missing following the MV Barima tragedy would be consulted if authorities...