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Oil prices rise to one-month high

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The price for oil on the global market rose on Tuesday to an almost 1-month high with Brent futures increasing by US$1.05, or 2 percent, settling at US$54.17 per barrel. This increase comes on the heels of an unplanned production...
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Guyana welcomes the announcement made today by ExxonMobil – Ministry of Natural Resources

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The Ministry of Natural Resources today issued a press release in response to the announcement made by ExxonMobil regarding the discovery of more than 82 feet (25 meters) of high-quality, oil-bearing sandstone reservoirs at their Snoek well. The text of the...
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Guyana’s offshore growth among drivers of US$197 billion regional oilfield spending – Rystad Energy

South America will sustain strong final investment decision (FID) momentum through 2030, leading to a cumulative US$197 billion in...

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