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U.S. Secretary of State, Michael R. Pompeo says that the United States does not exert political pressure on countries to further the interest of American businesses operating in their territory. In an interview on Guyana’s state television channel, Pompeo said that...

Former Minister of Energy and Energy Affairs of Trinidad and Tobago Kevin Ramnarine believes United States Secretary of State Michael Pompeo’s visit to Guyana indicates that the Caribbean country is becoming more valuable to the world leading economic power. Guyana...

During his meeting with U.S. Secretary of State, Michael R. Pompeo, Guyana’s President, Dr. Mohamed Irfaan Ali, said that he did not engage in any discussion surrounding ExxonMobil. The President said that as it relates to Guyana’s oil and gas sector,...

The enormous challenges triggered by the COVID-19 pandemic this year have caused major disruptions to the global oil and gas industry resulting in thousands of lay-offs, multiple shut-ins and mounting uncertainties about the future of petroleum exploration and production....

Though the Hammerhead area was targeted for the fourth development project in the Stabroek block offshore Guyana, the high quality oil discovered back in July during the appraisal drilling at the Yellowtail field has changed the plans for the...

Shortly after arriving in Guyana on Thursday, U.S. Secretary of State Michael R. Pompeo met with President Irfaan Ali, during which the two leaders discussed several matters including leveraging Guyana’s wealth of natural resources for the country's development. Following his meeting with the...

Guyana’s Minister of Natural Resources, Vickram Bharrat, told Members of Parliament on Tuesday that the Department of Energy (DE) remains operational and is actively involved in the ongoing negotiations with ExxonMobil for the Payara development; its 3rd proposed project...

(Bloomberg) --Saudi Arabia showed its determination to stop OPEC+ members cheating on their production quotas, delivering a thinly veiled dressing-down to its closest ally in the region, the United Arab Emirates. Prince Abdulaziz bin Salman, the Saudi energy minister, forcefully...

Guyana is being encouraged to harness the decades of experience in the petroleum industry that Canada has to offer, as the South American country moves to develop its vast hydrocarbon resources. This advice came from Canada's High Commissioner to Guyana, Lilian...

The unprecedented success rate for discoveries that ExxonMobil has had offshore Guyana since 2015 is being attributed to proprietary seismic data and technology the company has developed over the years. Company officials told participants at the Caribbean Virtual Oil and...