News

(Reuters) Oil rose above $75 a barrel on Wednesday, reaching its highest since late 2018, after an industry report on U.S. crude inventories reinforced views of a tightening market as travel picks up in Europe and North America. The American...

Guyana’s massive hydrocarbon resources and offshore development plans were the key focal points at the opening of the 4th Annual Aberdeen-Guyana Gateway event on Tuesday, June 22. The 2-day event is bringing together the Aberdeen and Guyana energy communities...

Chief Executive Officer of Staatsolie Maatschappij Suriname, Mr. Anand Jaggesar and other senior staff, accompanied by Suriname Minister of Foreign Affairs, International Business and International Cooperation Albert R. Ramdin and Minister of Natural Resources David Abiamofo, recently visited EnerMech Guyana Inc....

(Bloomberg) -- Exxon Mobil Corp. is preparing to reduce headcount at its U.S. offices by between 5% and 10% annually for the next three to five years by using its performance-evaluation system to suss out low performers, according to...

Consultancy group Wood Mackenzie did a recent analysis on the relevance of future oil and gas exploration in a world where energy companies are being pressured to clean up their act and give way to the energy transition. Under...

Challenges brought on by unprecedented flooding across Guyana and the impact of the COVID-19 pandemic have seen some sections of the populace calling for government to tap into the Natural Resource Fund (NRF) which currently holds over US$344M in...

Guyana’s continuing emergence as an energy hub will be explored during an online event which is due to take place on Tuesday, June 22 and Wednesday, June 23. Hosted by Aberdeen-based Granite PR, the Aberdeen-Guyana Gateway will move online for...

Qatar Petroleum is increasing its presence in the Guyana-Suriname Basin where latest estimates put recoverable oil equivalent resources to well over 20 billion barrels, representing double what has been discovered so far across the new South American oil province. Suriname...

The London-based sustainable events, business council and training provider has published the initial group of senior decision makers from global companies in the energy and hydrogen industry, who will be a guiding force behind the SEC World Hydrogen Series...

One Basin Three Nations (OBTN) has launched a new Regional Energy Training and Technology Center based in Suriname, created by joining forces with strategic internationally established industry partners such as MINTRA Group, Technology Catalogue and IN-VR. OBTN’s said its...