News

Trinidad and Tobago and Colombia have committed to strengthen energy cooperation during  a meeting between officials from both countries, a March 23 statement from the Ministry of Energy and Energy Industries of Trinidad and Tobago said. The meeting involved Ernesto...

Digital technologies are improving drilling efficiency, safety, and reservoir management in offshore operations in the Stabroek Block, according to Alistair Routledge, President of ExxonMobil Guyana. Routledge addressed the role of digitization during a press conference on March 19 at the...

ExxonMobil Guyana plans to boost production at its Yellowtail offshore oil project by roughly 10% as it conducts a new optimization study, company President Alistair Routledge said on March 19. Yellowtail, which started production in August 2025, reached its initial...

Guyana will remain a net carbon sink through 2030 even as it expands oil production with multiple offshore projects, according to an environmental impact assessment (EIA) for ExxonMobil’s proposed Longtail development. The assessment, prepared by ExxonMobil consultant Acorn International, found...

Energy services companies in Trinidad and Tobago reported a sharp slowdown in activity in the first quarter of 2026, according to a survey released on March 19 by the Energy Chamber of Trinidad and Tobago. The Energy Services Sector Survey...

The pipeline to support Guyana’s gas development in East Berbice-Corentyne (Region Six) could cost about US$2 billion or more. This is according to President of ExxonMobil Guyana Limited (EMGL),  Alistair Routledge, speaking during a press conference on March 19.  The...

Approximately 9,000 people are now employed in Guyana’s oil and gas sector, with roughly 70% of them being Guyanese, Alistair Routledge disclosed during a recent media session.  The 70% represents approximately 6,300 local workers, including around 300 who are relatively...

Staatsolie Maatschappij Suriname will begin a seismic survey offshore Suriname next week to assess potential oil and gas resources in the country’s Exclusive Economic Zone (EEZ). The company announced on March 19 via LinkedIn post that the research will involve...

Guyana is set to receive a bigger share of revenue from oil production as higher prices accelerate the pace of cost recovery at the ExxonMobil-operated Stabroek Block. The cost bank for the block is just over US$5 billion, Alistair Routledge,...

ExxonMobil Guyana Limited (EMGL) does not plan to seek a renewal of the Canje Block licence offshore the South American country, according to Alistair Routledge, the company's President. During a press conference on March 19 at Exxon’s office in Ogle,...