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800 women supporting Exxon’s activities in Guyana

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ExxonMobil said in a statement commemorating International Women’s Day on Tuesday that 800 women are supporting its activities in Guyana. The U.S. oil major has found over 10 billion barrels of oil equivalent in the South American country since...
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Maduro says Venezuela and U.S. have agreed to work on ‘issues of interest’

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(AP) — Venezuela President Nicolás Maduro signaled an interest in improving relations with the U.S. following weekend talks with high-level American officials prompted in part by Russia’s invasion of Ukraine and concerns of rising gas prices in the U.S. Maduro,...
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Guyana submits memorial in Venezuela border case to World Court

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Guyana announced on Tuesday that it made a submission to the International Court of Justice (ICJ) in its border controversy with Venezuela. The submission is its memorial on the merits of its case - the Arbitral Award of 1899...
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Exxon to submit environment plans for major 24-well campaign across two blocks

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ExxonMobil Guyana will be moving to submit Environmental Management Plans for its proposed Exploration and Appraisal (E&A) Drilling Program that will see the company targeting 12 wells each across the Canje and Kaieteur Blocks. The company had submitted an application...
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High oil price wolfing down Guyana’s electricity budget, situation unsustainable, says power company

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Guyana’s Natural Resource Fund may receive a windfall from the current record high oil prices, but the rising prices are beginning to affect the country’s pockets in other ways. Guyana Power & Light Inc. (GPL), the country’s electricity provider, shared...
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Oil skyrockets to 14-year high

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(Reuters) - Officials from the Organization of the Petroleum Exporting Countries (OPEC) met U.S. shale oil company executives on the sidelines of the CERAWeek conference in Houston on Monday as energy prices soared over supply concerns. It was at least...
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Energy policy expert Dr. Zainab Usman in Guyana for talks with businessmen, students

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The Centre for Local Business Development (CLBD) announced on Monday that it brought in economic diversification expert, Dr. Zainab Usman, to discuss the importance of economic diversification and her discussion paper Beyond Revenue Management: Principles for an Oil-Led Development Strategy...
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CGX says Kawa was a ‘finders well’, opportunity unlocked not being ‘abandoned’

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Members of CGX Energy Inc.’s management team have sought to clarify that while the Kawa-1 well has been plugged and abandoned, with no intent to return to the site, appraisal work is on the cards for the future. Exploration Manager,...
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Oil surges towards $130 as US, European allies consider banning Russian imports

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(Reuters) - Oil prices soared to their highest since 2008 due to delays in the potential return of Iranian crude to global markets and as the United States and European allies consider banning imports of Russian oil. Talks to revive...
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Exxon applies to join court case on Stabroek PSA tax provisions

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A lawsuit filed in January with Guyana’s Supreme Court seeks to strike down clauses in ExxonMobil’s Stabroek block Production Sharing Agreement (PSA) which grant the company, its co-venturers and their sub-contractors a series of effective tax waivers for development...
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Jennifer Geerlings-Simons makes history as Suriname’s first female President amid offshore oil plans 

PARAMARIBO-SURINAME: Suriname’s National Assembly convened on Sunday to elect the country’s next president in an important parliamentary session. In...

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