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Global energy research and consultancy group, Wood Mackenzie, says the Permian natural gas spot price continues to enter new frontiers in 2019. The pipeline constraints that  sparked extreme negative Permian daily prices first appeared in late March and early April. As new...

The Republic of Ghana has expressed an interest in helping Guyana build its oil and gas capacity. This was among highlights of a bilateral agreement, which was signed between Guyana's President David Granger and Ghanaian's President Nana Akufo Addo. President...

(Oil & Gas Journal) Petroleo Brasileiro SA (Petrobras) signed a letter of intent with SBM Offshore for a 22.5-year lease and operation of the Mero 2 floating production, storage, and offloading vessel to be installed on giant Mero oil field in the...

(Argus) Trinidad and Tobago has cleared Shell to develop the country's side of a shallow-water natural gas field that straddles the maritime border with Venezuela, Prime Minister Keith Rowley said. The move indicates Trinidad's "impatience" with Venezuela's delay in agreeing...

Guyana will begin producing oil within months at a modest peak rate of 120,000 barrels per day but with a rapid acceleration that will see production ballooning to almost 1 million bpd by the mid-2020s, adding to the South...

President of Ghana Nana Akufo-Addo arrived in the South American country of Guyana in the early hours of Tuesday morning for what is the first State Visit by the African leader to the soon-to-be newest oil producer on the continent. Guyana’s President David Granger...

UK-based Tullow Oil and its joint venture partners will spud their first well at the Orinduik Block offshore Guyana just miles away from the multi-billion barrel Stabroek Block where US oil major ExxonMobil has to date made a record...

Eco (Atlantic) Oil & Gas Ltd. said on Monday the Stena Forth drillship has been mobilized and is now en route to Guyana from West Africa where it has been operating for Tullow Oil. The drillship is expected to...

Chinese shipyard Shanghai Waigaoqiao Shipbuilding has launched the world’s first floating production, storage and offloading vessel built under SBM Offshore’s Fast4Ward design for phase 2 of the Liza Development offshore Guyana. On June 8, the Liza Unity, built by Waigaoqiao...

Former Guyanese Minister of Natural Resources and the Environment, Robert Persaud, said he refuses to be dragged into what he called an election propaganda campaign in the ongoing issue surrounding a probe by the State Asset Recovery Agency (SARA)...