Guyana’s Minister of Natural Resources, Raphael Trotman, says efforts are being made to address the concerns of several stakeholders that the Petroleum Commission of Guyana Bill in its current form, bestows too much authority in the subject minister.
In a...
Oil and gas manpower services provider El Dorado Offshore (EDO) is collaborating with the Carnegie School of Home Economics in Guyana, for the creation of a training programme in Offshore Catering and Hospitality.
Sixteen candidates, between the ages of 19...
(Bloomberg) Exxon Mobil Corp. is drilling shale wells that stretch farther than the length of New York’s Central Park.
The world’s biggest oil explorer by market value recently finished four wells in North Dakota’s Bakken region that extend sideways for...
(Rigzone) Royal Dutch Shell plc has revealed that it will sell its entire stake in Woodside Petroleum Limited for $2.7 billion.
Early on Monday, the company said its subsidiary, Shell Energy Holdings Australia Limited (SEHAL), had entered into an underwriting...
Hess Corporation (NYSE: HES), a 30 percent stakeholder in the Stabroek Block offshore Guyana, said on Monday that production has been halted at several locations resulting from a fire at the Shell Enchilada platform in the Gulf of Mexico.
Shell advised in a statement on Nov....
Petroleum Advisor to Guyana’s President, Dr. Jan Mangal, says the South American country’s government needs to take firm steps towards “opening the doors” to professionals as part of a policy to attract skills which are badly needed in the...
Africa Oil Corp. says it has entered into a strategic partnership with Eco (Atlantic) Oil and Gas Ltd. for exploration in Guyana and West Africa. Under the terms of an investment agreement, AOC has agreed to acquire a 19.77%...
(Reuters) - Two decades ago, BP set out to transcend oil, adopting a sunburst logo to convey its plans to pour $8 billion over a decade into renewable technologies, even promising to power its gas stations with the sun.
That...
(Bloomberg) For the first time in three years, the chief concern in the oil market isn’t too much supply.
Just as production cuts by OPEC and its allies finally deplete a surplus that has weighed on oil prices since 2014,...
ExxonMobil Guyana is paying close attention to an unfolding Petrobras corruption scandal in Brazil that involves Dutch floater specialist SBM Offshore NV - the same company contracted to build the FPSO for the Liza development project in Guyana.
Under the...
