Acknowledging that it was vital Guyana got past its recent political crisis if the country had any hope of benefiting from its vast offshore oil discoveries, two individuals at the Institute of the Americas, University of California San Diego,...
Activities are ramping up offshore the South American country of Guyana in preparation for the Liza Phase 2 Development, set to come on stream by mid-2022. The multi-purpose offshore vessel Norman Installer will arrive at the Stabroek Block this...
(Reuters) - Oil rose on Monday, with Brent touching the highest in five months, underpinned by a 30% cut in Abu Dhabi crude supplies and encouraging Chinese data even as global demand struggles to return to pre-COVID levels in...
World oil demand has grown at a record pace—by 13 million barrels per day in the last four months—since the bottom of the COVID-induced collapse in April. But that pace of growth is expected to taper off with global...
(Bloomberg) - Saudi Aramco discovered two oil and gas fields in northern parts of Saudi Arabia, the kingdom’s official news agency reported, citing Energy Minister Prince Abdulaziz bin Salman.
Gas has started flowing from Hadabat Al-Hajara field near the Iraqi...
First Lady of Guyana, Mrs. Arya Ali on Saturday participated in the first of a series of meetings, which was organized by the Dubai Vigilance Group (DVG) to reflect on the role of women in today’s society and one...
Updated: August 29, 2020
Figure 1: Monthly COVID-19 Tests to Positive Cases in Guyana
The chart above highlights the comparison between the number of monthly tests for coronavirus to the positive cases which have been recorded from March 11 to August...
Over US$46 million was deposited into Guyana’s Natural Resources Fund account this week representing proceeds from the sale of the country’s 3rd million-barrel oil cargo. This pushes the total revenue Guyana has received so far from oil exports and...
Results from the Redtail-1 prospect located some 103 nautical miles off the coast of Guyana at the Stabroek block are expected soon while a new campaign at the ‘deepest well ever drilled’ in the South American country at Tanager-1,...
Guyana’s President, Dr. Mohamed Irfaan Ali, has assured that his government will be enforcing strong protocols prior to implementing reopening measures in the newest oil producing South American country, where over 8 billion barrels of recoverable oil equivalent resources have...
