News

ExxonMobil Guyana says it remains committed to a local content framework that supports the implementation of effective measures that would help to build a globally competitive workforce and supply base in the new oil producing South American country. The...

Concern is mounting in Trinidad and Tobago about the future of the country’s gas industry following the inability of the National Gas Company (NGC) and Methanol Holdings (Trinidad) Limited/Proman to successfully conclude negotiations on a new gas supply contract. “Despite...

While there’s no arguing that the energy transition is upon us, one thing is for sure: oil and gas will play a significant role in meeting energy demand for decades to come. This is according to U.K. based consultancy...

While much of the attention has been on the benefits of low electricity rates with the gas-to-power project that is set to come on stream by 2024, an expert in the oil and gas industry says there are can...

Guyana has successfully produced and published its second Extractive Industries Transparency Initiative (EITI) Report on the extended deadline of March 31, 2021, narrowly averting suspension from the initiative had the deadline been missed. The report contains reconciliation information on the...

(Reuters) - Exxon Mobil Corp expects rising first-quarter results across its three major businesses, with an at least $2 billion improvement from prices for oil and gas driving profits, the company signaled in a securities filing on Wednesday. The largest...

Just weeks after the Stena DrillMAX sailed into Guyana waters to join the Stena Carron offshore the South American country, the IceMAX has arrived in Tampico, Mexico for an upcoming project with Repsol. Stena Drilling announced the arrival of the...

(S&P Global Platts) US oil sanctions on Venezuela could reach a tipping point this summer if a dire diesel shortage further exacerbates a humanitarian crisis that continues to unfold even as President Nicolás Maduro has strengthened his hold on...

The Georgetown Chamber of Commerce & Industry (GCCI) hosted its 131st Annual General Meeting (AGM) via the Zoom and Elections Runner digital platforms today. During the course of this exercise, the election of a new council was undertaken. “I would...

ExxonMobil Guyana said on Tuesday teams of experts are making final preparations for start-up of the flash gas compressor this week on the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel, in order to restore the flare to...