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ExxonMobil flags commodity price pressure, impairments in Q4 2025 outlook

ExxonMobil said market conditions and planned activities are expected to materially affect its fourth quarter 2025 results compared with the third quarter. This is according to a Form 8-K filing with the U.S. Securities and Exchange Commission on January...

TT Energy expert believes Dragon gas deal could return if Trump takes control of Venezuela

A Trinidad and Tobago energy expert says a U.S. takeover of Venezuela could reopen the door for the stalled Dragon gas project and other cross-border developments critical to Trinidad’s gas supply. Responding to questions from Trinidad Express Business this week,...

Letter-to-the-Editor: Geopolitics, Oil and Guyana’s place in a tense region

Dear Editor, The recent incident involving the United States and Venezuela is a reminder that geopolitical tensions do not exist in a vacuum. For Guyana, and for the wider Caribbean, developments like these deserve careful attention, not panic. It requires...

From Chávez control to Maduro mismanagement: Why oil companies fled Venezuela

Venezuela sits atop the largest proven oil reserves on the planet; yet, today its oil fields tell a story of abandoned rigs, crumbling infrastructure, and wary foreign investors who once lined up to drill.  The retreat of international oil companies...

Axess Group secures asset integrity contract with Noble for Guyana drillships

Axess Group has secured a long-term Asset Integrity Management contract with Noble Corporation for operations offshore Guyana. The agreement covers inspection and certification services for four Noble drillships operating in Guyana’s offshore basin. The work is aimed at supporting safety,...

OilNOW once again captures Chamber award for oil and gas coverage

Guyanese-owned and operated information resource service, OilNOW, has once again been recognized for its coverage of developments in the country's oil and gas industry. The organization secured an award at the Georgetown Chamber of Commerce and Industry’s (GCCI) 136th...

With Maduro’s capture, Venezuela’s aggression towards Guyana likely to be ‘put on hold’ – Greenidge 

The recent capture of Venezuelan President Nicolás Maduro and his wife by U.S. forces may reduce sustained pressure on Guyana, according to Guyana’s Agent in the World Court case with Venezuela, Carl Greenidge. He commented in an exclusive interview...

U.S. crude imports from Guyana rose to record levels in 2025

U.S. net imports of crude oil from Guyana rose to record levels in 2025, supported by rising offshore production and growing demand from U.S. refiners, according to data from the U.S. Energy Information Administration (EIA). Based on EIA data for...

Significant net sand found at CR-3 well; completion targeted for early 2026 – Touchstone 

Touchstone Exploration Inc. has announced that significant net sand has been found at its Carapal Ridge-3 (CR-3) development well in Trinidad and Tobago, with completion and tie-in targeted for early 2026. Development drilling in Trinidad and Tobago’s Central Block had...

Uaru positions Guyana as runner-up in biggest new field race – S&P

Guyana is set to rank second among the world’s largest new oil field start-ups in 2026, with first production from the Uaru field expected to begin this year. According to S&P Global Energy CERA on January 5, eight of...

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The rules and procedures behind every tanker carrying Guyana’s crude

Guyana’s offshore oil industry moved 260 crude cargoes in 2025, carrying production from four floating production, storage and offloading...