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Emerging oil producers Guyana and Ghana ink string of cooperation agreements

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The governments of two oil producing nations on opposite sides of the Atlantic, Guyana and Ghana, signed three agreements to deepen their ties on Tuesday. The occasion culminated a 4-day trip to Guyana by Ghana’s Vice President Dr. Mahamudu...
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Energy chamber, telecoms giant giving Guyanese students exposure to budding petroleum industry

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Students from across 50 high schools in Guyana are set to benefit from oil and gas training in the new year as part of a collaborative effort between the Guyana Oil and Gas Energy Chamber (GOGEC) and telecommunications giant...
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Exxon VP says another 10 billion barrels could be found in Guyana oil province

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Since 2015, ExxonMobil has found an average of 1.7 billion barrels of oil per year offshore Guyana and recently increased its estimate of the discovered resources at the prolific Stabroek Block to 10 billion barrels of oil equivalent. A...
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Crude oil on track for four straight days of gains

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(S&P Global Platts) Crude oil futures continued to climb in mid-morning trade in Asia Dec. 9, on track for a fourth straight day of gains, as risk sentiment remained buoyant amid further positive developments around the omicron variant of...
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Biden signs Executive Order to use full scale of procurement power to achieve climate change goals by 2030

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President of the United States of America (USA), Joe Biden on Wednesday signed an Executive Order that directs the federal government to use the full scale of its procurement power to achieve a suite of key climate change goals. According...
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‘Guyana is best growth opportunity seen in Latin America past 30 years’ – Energy group

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With discovered oil resources of over ten billion barrels, low breakeven costs of $25-$35, and a light sweet crude, low in sulfur that emits fewer greenhouse gasses, Managing Director of Americas Market Intelligence John Price, says Guyana is the...
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Upcoming auction could extend life of T&T’s gas sector beyond 2040, says former energy minister

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While he is enthused by recent announcements that Trinidad and Tobago has put 17 deepwater blocks up for auction, TT’s former Minister of Energy, Kevin Ramnarine says this bid round will be crucial to the longevity of the country’s...
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Guyana’s lone Energy Chamber signs MoU with Ghana Petroleum Commission

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The Guyana Oil and Gas Energy Chamber (GOGEC) signed a Memorandum of Understanding with the Petroleum Commission of Ghana on Tuesday in Georgetown. GOGEC’s President, Manniram Prashad, and CEO of the Commission, Egbert Faibille Jnr., inked the pact. The agreement...
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Technology being secured to test Exxon’s produced water – EPA Head

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Head of the Environmental Protection Agency (EPA), Kemraj Parsram recently disclosed that his team is working on securing technology that would boost the capacity of the agency to test produced water. In the meantime, Parsram said ExxonMobil’s affiliate, Esso Exploration...
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Analyst says Guyana remains on path to massive growth but all efforts must be made to ensure rural communities aren’t left behind

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The economic activity in the new oil producing country of Guyana is expected to continue on an upward trajectory and one analyst says the pace of this growth will really be determined by the infrastructure, incentives and framework the...
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Exxon gives back portion of Stabroek Block to Guyana government

ExxonMobil and its partners in Guyana have relinquished 2,534 square kilometers of the Stabroek offshore oil block to the...

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