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Guyanese recruitment firm gets TRACE certification

Guyanese-owned Strategic Recruitment Solutions Inc (SRSGY) has taken another step forward in meeting international compliance requirements by Completing TRACE Certified Due Diligence. TRACEcertification is a heavily benchmarked and comprehensive due diligence review, analysis and approval process establishing that an individual or...

BP’s decision to sell its global petrochemicals business will impact T&T – Former Energy Minister

The move by BP to sell its global petrochemicals business to INEOS for $5 billion as part of plans to “reinvent” itself into a more focused, integrated energy company will impact Trinidad and Tobago where it is the largest...

Brazil’s Petrobras to sell stake in Campo de Tartaruga oil field: filing

(Reuters) - Brazilian oil company Petrobras said on Monday that it had begun the process to sell the entirety of its stake in the Campo de Tartaruga field, located in shallow waters in Bacia de Sergipe-Alagoas in the state...

Transborders designates SBM Offshore exclusive operation & maintenance services contractor for FLNG facilities

Transborders Energy (Transborders) announce on Monday that it has entered into a FLNG Solution Partnership Agreement with Single Buoy Moorings Inc. (SBM Offshore) for co-pursuing the deployment of Transborders’ FLNG Solution on a range of stranded offshore gas resource...

Hearing on ICJ’s jurisdiction in Guyana-Venezuela border controversy set for today

The public hearings on the question of the jurisdiction of the International Court of Justice in the case concerning the Arbitral Award of October 3, 1899 (Guyana v. Venezuela) is set for today via video-conference at the Peace Palace...

Guyana will face economic detriment if election impasse continues to delay projects – Rystad Energy VP

Norway-based independent energy research company Rystad Energy says the prolonged political impasse in Guyana continues to be a risk to the country’s emerging oil and gas industry and the absence of a fully functional government to approve projects and...

More Guyanese women entering oil and gas – almost 400 supporting Exxon’s operations

A growing number of Guyanese women are entering the Oil and Gas sector as offshore operations in the South American country continue to expand in wake of multiple discoveries at the prolific Stabroek Block and beyond. Since 2015, ExxonMobil has...

BP agrees to sell global petrochemicals business to INEOS for $5 billion

(S&P Global) London — BP has agreed to sell its global petrochemicals business to INEOS for $5 billion as part of plans to "reinvent" BP into a more focused, integrated energy company. The sale agreement comprises all of BP's aromatics and...

Iran says it sold gasoline to Venezuela at current prices

(S&P Global) Tehran — Iran has exported gasoline to Venezuela under a "commercial deal" and none of the trades was for free, news agency IRNA reported on June 28, citing Iranian Oil Minister Bijan Zanganeh. "We haven't given charity gasoline to...

Iraq to review some oil contracts at high-cost fields

(Reuters) - Iraq is reviewing oil contracts with some companies operating fields where costs are high, in order to reduce expenses while cutting production, Al-Sabah newspaper quoted the country’s oil minister as saying. “The ministry has a vision to open...

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Guyana gov’t tables Oil Spill Bill in Parliament

The Government of Guyana on Monday tabled the long-anticipated Oil Pollution Prevention, Preparedness, Response, and Responsibility Bill 2025 in...