News

As Guyana and Trinidad and Tobago prepare to auction oil and gas blocks later this year, Geologist & Geophysicist Anthony Paul, an energy and strategy advisor in the region, cited several key factors to consider for greater exposure and...

The Georgetown Chamber of Commerce and Industry (GCCI) has officially brought to the Guyanese business community, an innovative platform that now makes it easier for its member companies and local business start-ups to connect with potential investors. The "Investment Portal"...

When it comes to developing the Caribbean’s natural resources – whether it be oil and gas, gold, diamond, or bauxite – Dominica’s Minister of Planning, Vince Henderson, believes this process should be controlled internally, devoid of influence from the...

Climate change is a complex global problem, and solutions will come from all sectors. But finance may just be the key to decarbonising the economy. The transition to green, clean energy in a net-zero carbon world would be an impossible feat without a way...

In light of the climate crisis and energy woes that plague the Caribbean, United States’ Vice President Kamala Harris on Thursday announced a plan to address those critical concerns. The United States’ primary mechanism for addressing energy security and the...

The University of Guyana commissioned the first component of its Campus Safety and Security Project on Thursday, funded by Stabroek Block co-venturers – ExxonMobil Guyana, Hess Guyana Exploration Ltd. and CNOOC Petroleum Guyana Limited – under the Greater Guyana...

With four sanctioned projects in Guyana since the first oil discovery in 2015, of which two are currently in production at industry-leading timelines, ExxonMobil has proven itself "an unmatched project manager of deepwater projects." This point was recently made by...

Guyana’s Vice President Dr. Bharrat Jagdeo recently told reporters that Guyana expects to bring in US$2 billion per annum in oil revenue from 2025, based on a US$50 per barrel price of crude. He said if that calculation is...

The Guyana-Suriname basin has overtaken Brazil’s pre-salt play as South America’s leading exploration hotspot, says Rystad Energy, an independent energy research and business intelligence company based in Norway. This latest feat, it said, can be credited mostly to ExxonMobil’s basin-opening...

By 2027, ExxonMobil is set to ramp up production at Guyana’s Stabroek Block to around 1.2 million barrels of oil per day (bpd). This will make the South American country the highest per capita oil producer in the world. As...