News

Guyana army in military exercises with U.S., Brazil

Guyana’s military carried out separate exercises with the United States and Brazil over the weekend, as the oil producer deepens regional defense cooperation with its partners. The U.S. Embassy in Georgetown said President Irfaan Ali visited the USS Nimitz aircraft...

ExxonMobil’s Longtail project to create over 1,600 jobs

ExxonMobil expects the planned Longtail development to create up to 1,680 jobs across its phases, according to the project’s Environmental Impact Assessment (EIA) published by Guyana’s Environmental Protection Agency (EPA) in March. The project is tied to Guyana reaching oil...

Venezuelan oil helps ease impact of global supply disruptions on U.S., Chevron CEO says

Venezuelan crude production is helping offset some of the impact of global supply disruptions on the United States, according to Chevron. In a May 6 CNBC interview, Chevron Chief Executive Officer Mike Wirth said the company has been working with...

New registry aims to make Guyanese professionals easier to find

A new digital registry has been launched to help Guyanese professionals make their services more visible to companies, procurement teams, and individual clients. Workforce Guyana, a new local venture, has opened early registration for professionals ahead of the public activation...

Ali says Berbice gas project aimed at creating “greatest multiplier effect” for Guyana economy

Guyana President Irfaan Ali said on Friday that the government is advancing plans for a large-scale gas development in Berbice aimed at creating a multiplier effect for the economy. Speaking at a press conference in Georgetown on May 22, Ali...

Guyana retains lowest gasoline prices in CARICOM despite Strait of Hormuz-linked increase

Guyana maintained the lowest gasoline prices among Caribbean Community (CARICOM) countries reviewed between July 2025 and May 2026, despite ongoing disruptions linked to the Strait of Hormuz.   According to a May 22 report from the Energy Chamber of Trinidad and...

Noble Tom Madden continues Whiptail drilling offshore Guyana

ExxonMobil Guyana Limited is continuing development drilling at the Whiptail project’s WT_5P02 drill center in the Stabroek Block, offshore Guyana. The activity began on May 21, 2026, and is scheduled to run until July 31, 2026. The MODU Noble Tom...

WoodMac foresees US$200 Brent by end-2026 if Hormuz disruption persists beyond September

Brent crude prices could approach US$200 per barrel by the end of 2026 if disruption in the Strait of Hormuz continues and no settlement between the United States and Iran is reached by September, according to a May 20...

Ali says Guyana moving to Gas-to-Energy phase two as economy to consume all phase one power

Guyana expects all electricity generated from the first phase of its flagship Gas-to-Energy (GtE) project to be consumed domestically as demand grows alongside rapid economic expansion, President Irfaan Ali said on Friday, while outlining plans for a second phase...

Ali expects World Court to rule in Essequibo case by year end

Guyana President Irfaan said the government expects the International Court of Justice (ICJ) to rule in the case concerning the 1899 Arbitral Award by year end.  The President made the comment on Friday at a press conference in Georgetown, following...

Latest News

More than 40 oil sector companies receive 2026 local content plan approvals

More than 40 companies operating in Guyana’s oil and gas sector received approval for their 2026 local content plans...