As ExxonMobil positions itself to ramp up production in Guyana’s Stabroek block by adding projects nearly every year, the government plans to spend a majority of its early windfall for development projects.
Guyana projects that the total inflows to its...
Said to be the largest real estate franchise in the world, the US franchise Keller Williams (KW) has announced its decision to expand into Guyana.
Already serving more than 50 countries outside of its main operations in the United States...
Authorities in Guyana say the country is committed to supporting an aggressive exploration and production programme off of its coast since it sees revenues coming in from the oil and gas sector as playing a key role in the...
(Reuters) - Oil prices jumped more than $3 on Monday, with Brent crude climbing above $111 a barrel, as European Union nations considered joining the United States in a Russian oil embargo and after a weekend attack on Saudi...
As a result of surging oil prices following the Russia-Ukraine crisis, global energy markets are now facing what could turn out to be the biggest supply crisis in decades, said the International Energy Agency (IEA) on Monday.
While it is...
Guyana has a tremendous record in environmental protection due to State policies and the ecosystem and carbon sequestration services that its forests provide. Considering this, Georgetown businessman, Timothy Tucker, is urging hardline environmentalists to exercise compromise for the benefit...
(S&P Global Platts) Multiyear highs of crude oil and natural gas prices are a price of standing up to Russia for its ongoing war in Ukraine, John Kerry, US special presidential envoy for climate, said March 7 at CERAWeek...
Liquids supply growth outside of the Organization of Petroleum Exporting Countries (OPEC) in 2021 remained broadly unchanged at around 0.6 million barrels per day (mb/d) year-on-year (y-o-y).
The 2021 oil supply estimation primarily sees growth in Canada, Russia, the US...
In seeking to understand the concerns of stakeholders when it comes to local content, Guyana’s recently established Local Content Secretariat has developed a grievance redress mechanism. Found on the website of the Secretariat, it is highlighted that the input...
Saipem has been awarded a contract by Aker BP for a drilling campaign offshore Norway. The operations are expected to start from the end of Q4 2022, upon termination of the works in which Scarabeo 8 is currently engaged.
Scarabeo...
