News

The United States will not support any further regional reliance on Venezuela for energy, Secretary of State Marco Rubio will inform Caribbean leaders during talks in Jamaica today.  US Special Envoy for Latin America, Mauricio Claver-Caron, reinforced this stance ahead...

As Guyana’s energy industry advances, measures are being taken to mitigate the effects of energy-related emissions while also creating aesthetically pleasing communities. One such initiative is a US$3 million (GYD$600 million) national tree planting project that enhances the country’s...

The AccelerateHer program is now accepting applications for its fourth cycle. The program empowers women entrepreneurs to grow their businesses through tailored workshops, one-on-one advisory services, and mentoring. It also fosters collaboration and peer learning. AccelerateHer pairs participants with professional...

Recover Guyana, in partnership with the Greater Guyana Initiative (GGI) and the Ministry of Education, has spearheaded a water purification and sustainability initiative at the West Demerara Secondary School. Launched on March 24, the project provides clean drinking water...

Staatsolie Maatschappij Suriname N.V. issued a new bond on March 23, 2025, reportedly raising US$515.8 million—US$211.7 million more than its initial target of US$304.1 million. In an announcement on Monday, the state oil firm said the bond, set for 2025-2033,...

Noble Drilling has awarded scholarships to 20 outstanding marine cadets as part of its Noble Marine Scholarship Program. The company shared this announcement on LinkedIn on March 21.  The initiative, conducted in collaboration with MatPal Marine Institute and El Dorado...

Chevron Corporation has secured a 30-day extension from the U.S. government to conclude its operations with Venezuela's state-owned Petroleos de Venezuela SA (PDVSA), moving the deadline from April 3 to May 27.  The extension follows intense lobbying by Chevron and...

Stena Carron has become the second Stena Drilling drillship to receive DNV’s Abate(P) notation, following its sister vessel, Stena DrillMAX. The notation recognizes efforts to reduce greenhouse gas emissions through technical and operational measures. The DNV Abate(P) notation is a...

Touchstone Exploration Inc. has reported record production and a return to profitability in its annual 2024 financial and operating results. President and Chief Executive Officer Paul Baay stated, “In 2024, Touchstone maintained its growth trajectory, achieving record annual production and...

Baker Hughes announced on March 20 that it secured a multi-year contract with Petrobras to provide fully integrated completions for the Brazilian state-owned energy giant’s offshore fields.  The deal, described as “major” by Baker Hughes, was awarded through an open...