News

Suriname’s offshore basin is being shaped by a mix of international operators and partners, with exploration wells drilled across multiple contract areas, according to a February 2026 map from Staatsolie. The acreage sits offshore within the Guyana-Suriname basin, where production...

ExxonMobil Guyana has positioned the proposed Longtail development’s direct greenhouse gas emissions at about 0.003% of global emissions.  The information was presented at a public engagement on April 29 at the Umana Yana in Kingston, Georgetown, as part of consultations...

Dear Editor,  As we come to the end of the month-long observance of Occupational Health and Safety, it is encouraging to see that Guyana’s safety culture is beginning to shift in a meaningful way. For years, workplace safety was often overlooked,...

The International Court of Justice (ICJ) will hold public hearings from May 4 to May 11 in the case brought by Guyana over the validity of an 1899 Arbitral Award that determined its border with Venezuela, with proceedings scheduled...

ExxonMobil expects additional offshore developments in Guyana as work continues to assess remaining areas of the Stabroek Block. The update came during the company’s first quarter 2026 earnings call, where Chief Executive Officer Darren Woods addressed questions on future resource...

Chevron reported first-quarter earnings of $2.2 billion on Friday, down from $3.5 billion a year earlier, but said performance remained “solid” despite geopolitical disruptions and market volatility. The U.S. oil major posted adjusted earnings of $2.8 billion for the quarter,...

Exxon Mobil Corporation reported first-quarter 2026 earnings of US$4.2 billion, or US$1.00 per share, the company said on May 1, 2026, as production growth in Guyana helped offset impacts from Middle East supply disruptions. Earnings excluding identified items were US$4.9...

Guyana’s Prime Minister Mark Phillips has warned that safety will remain a non-negotiable pillar of the country’s growing energy sector, saying the industry “does not forgive negligence” and the country will not sacrifice worker safety for production gains. He made...

ExxonMobil Guyana Limited (EMGL) is seeking to identify suppliers to support emergency response equipment management for its oil and gas operations offshore Guyana, the company said in a request for information (RFI). The RFI, published on April 29, outlines plans...

Disruptions in the Strait of Hormuz are placing renewed focus on Guyana’s oil as a more stable supply source, as global markets respond to reduced tanker traffic and ongoing security risks in the Middle East, according to an April...