Featured

Stabroek Block is oil industry’s biggest find in 15 years – Exxon CEO

ExxonMobil’s Chief Executive Officer, Darren Woods, says the Stabroek Block offshore Guyana is the industry’s biggest oil discovery in the last 15 years and ranks among the most successful developments in deepwater history. “One of our most important advantaged assets...

TotalEnergies sees upside for Suriname oil project as plateau could stretch to 240,000 b/d

TotalEnergies’ upcoming project offshore Suriname may exceed its planned production plateau of 220,000 barrels of oil per day (b/d), with Chairman and CEO Patrick Pouyanné saying the development could potentially handle up to 240,000 b/d. The GranMorgu project, located in...

Hunting Subsea delivers titanium joints for Exxon’s Uaru project

Hunting Subsea Technologies has successfully delivered eight titanium stress joints for ExxonMobil’s massive Uaru oil development offshore Guyana, the company said in a recent statement. The components will be integrated into the Errea Wittu floating production, storage and offloading (FPSO)...

Energy Guyana launches special edition magazine celebrating ’10 Years of Oil in Guyana’

Georgetown, Guyana – Energy Guyana has released a landmark special edition publication titled "Energy Nation: 10 Years of Oil in Guyana", marking a decade since the transformative discovery of oil in the Stabroek Block (Click here to view). The...

Letter-to-the-Editor: Oil and the transformation we cannot ignore

Dear Editor, The term ‘even the blind man can see’ has never been truer. The transformation around us is undeniable. Only recently, the Ogle to Eccles four-lane highway was opened to the public, cutting travel time from the East Bank...

U.S. remains dominant investor in Guyana as oil sector drives Q1 inflows – Central Bank

Guyana attracted US$2.1308 billion in foreign direct investment (FDI) during the first quarter of 2025, almost entirely in its oil and gas sector, according to new data from the Bank of Guyana. The report shows that oil and gas continues...

CGX says Guyana government open to talks over cancelled Corentyne oil license

CGX Energy said on Friday that the Government of Guyana has indicated it may be open to talks in October as the Canadian company and its partner Frontera Energy seek to reverse the cancellation of the Corentyne Block license. The...

President Geerlings-Simons and Staatsolie management examine current operations and energy transition for Suriname

SURINAME, PARAMARIBO - President Jennifer Geerlings-Simons welcomed the Staatsolie management team at her office last week for a comprehensive update on the company’s current state of affairs. According to information from the President’s office, Staatsolie’s onshore and offshore drilling activities,...

Chevron’s quarterly profit drops 44% due to lower oil prices, Hess shares revalue

Chevron Corp reported a 44% drop in second-quarter profit on Friday, hurt by lower crude prices, weaker affiliate income, and a US$215 million loss tied to the fair value of Hess shares, even as the oil major posted record...

First oil from ONE GUYANA set for next week – Exxon CEO

ExxonMobil’s Chief Executive Officer, Darren Woods announced today that first oil from the ONE GUYANA floating production storage and offloading (FPSO) vessel is expected next week. The milestone will mark the start of production from the Yellowtail development, Exxon’s...

Latest News

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...