Opposition Members of Parliament (MP) staged a protest in the National Assembly on Monday afternoon, chanting for the dismissal of Public Works Minister Juan Edghill and Public Utilities and Aviation Minister Deodat Indar over the MV Barima tragedy, while...
Guyana and Suriname’s natural gas resources could support future energy exports as offshore development continues, according to Wood Mackenzie.
In a video message posted on July 27, Adrian Lara, Principal Analyst for Upstream Latin America at Wood Mackenzie, said upstream...
Increased offshore development activity in Guyana, Brazil and Mexico supported SLB’s Latin America performance during the second quarter of 2026, with the oilfield services company reporting US$1.71 billion in regional revenue.
SLB reported its second-quarter results on July 24, showing...
Dear Editor,
Discussion about the proposed Guyana Development Bank has raised an important issue for local businesses seeking opportunities in the energy sector: training alone is not enough if companies cannot finance the improvements needed to compete.
Local firms are regularly...
Guyana’s crude has earned a reputation for being light and sweet, making it attractive to refiners because it is easier and less expensive to process into products such as gasoline, diesel and jet fuel. Increasingly, however, another quality is...
Global oil and gas majors are expanding their exploration portfolios, but most new agreements are focused on securing future opportunities rather than committing to immediate drilling activity, according to an analysis by Westwood Global Energy Group.
The analysis, published on...
Dear Editor,
Recent commentary has suggested that because Guyana is producing more oil and earning significant revenues, the outstanding costs associated with the Stabroek Block should already have been fully recovered. From there, the argument is made that Guyana should...
All offshore oil projects are designed with its final day in mind. Long before a floating production, storage and offloading (FPSO) vessel begins producing oil, operators must plan how wells will be sealed, subsea infrastructure managed, and facilities safely...
Guyana President Irfaan Ali on Sunday named a five-member international Commission of Inquiry (CoI) to investigate the MV Barima tragedy.
The panel includes specialists from Belize, Poland, Jamaica, and Trinidad and Tobago. It will examine the July 18 capsizing, the...
Dear Editor,
Recent reports that local fabrication has secured a place in Guyana’s oil and gas supply chain should be viewed as more than an achievement for the petroleum sector. It is an opportunity to build industrial capabilities that can...