News

Guyana’s Foreign Affairs Minister Hugh Todd told the International Court of Justice (ICJ) that Venezuela’s military actions and territorial claims for Guyana’s Essequibo region have slowed investment and threatened development, as oral hearings opened on May 4 in The...

Venezuela’s efforts to increase oil production are being constrained by deteriorating infrastructure and persistent political risk, even as reforms and renewed investment interest emerge, according to an April 27 analysis by Wood Mackenzie.  The report noted that while the government...

Artificial Intelligence (AI) being introduced into offshore oil and gas operations is helping reduce risk, improve compliance and strengthen safety monitoring in high-risk work environments, according to Kurt Busuttil, Senior Quality Health Safety Security and Environment (QHSSE) Manager at...

Logistics firm Blue Water Shipping said it has completed the transport of 100 metric tonnes of Guyana-fabricated steel to China for integration into ExxonMobil’s Hammerhead floating production, storage and offloading (FPSO) vessel. The shipment, consisting of 56 heavy-duty pallets, moved...

Chevron on Friday signaled that crude from Guyana is becoming an increasingly important part of its global supply system, as the U.S. oil major leans on a more flexible portfolio of equity barrels to boost refining margins and navigate...

U.S. Ambassador to Guyana Nicole Theriot is urging updates to the country’s procurement system while advising investors to visit in person before committing to the market. Speaking on the latest Energy Perspectives podcast episode, the Ambassador said clarity in rules...

Suriname’s offshore basin is being shaped by a mix of international operators and partners, with exploration wells drilled across multiple contract areas, according to a February 2026 map from Staatsolie. The acreage sits offshore within the Guyana-Suriname basin, where production...

ExxonMobil Guyana has positioned the proposed Longtail development’s direct greenhouse gas emissions at about 0.003% of global emissions.  The information was presented at a public engagement on April 29 at the Umana Yana in Kingston, Georgetown, as part of consultations...

Dear Editor,  As we come to the end of the month-long observance of Occupational Health and Safety, it is encouraging to see that Guyana’s safety culture is beginning to shift in a meaningful way. For years, workplace safety was often overlooked,...

The International Court of Justice (ICJ) will hold public hearings from May 4 to May 11 in the case brought by Guyana over the validity of an 1899 Arbitral Award that determined its border with Venezuela, with proceedings scheduled...