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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...

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...

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...

(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...

(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...

(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...

(AlJazeera) Chesapeake Energy Corp has filed for Chapter 11 bankruptcy protection, becoming the largest United States oil and gas producer to do so in recent years as it bowed to heavy debts and the impact of the coronavirus outbreak...

Guyana must address the need for the investing parties to agree on the allocation of risk in relation to tanker loading, whether at an offshore platform, Floating Production Storage and Offloading (FPSO) facility or any future onshore jetty. In...

(Reuters) - U.S. and Canadian energy firms cut the number of oil and natural gas rigs operating to a record low again this week even as higher oil prices prompt some producers to start drilling again. The U.S. oil and...

Oil majors ExxonMobil, Shell and BP are among 19 companies which have been shortlisted by a five-member Evaluation Committee formed by the Department of Energy in Guyana as part of the process to hire a firm to market the...