News

Exxon delivers another major oil discovery offshore Guyana

It’s the block that keeps giving. U.S. oil major ExxonMobil announced on Thursday another oil discovery on the Stabroek Block offshore Guyana at Pinktail. The Pinktail well encountered 220 feet (67 meters) of net pay in high-quality oil-bearing sandstone reservoir....

UK Energy Minister says gas-to-energy project a huge step for Guyana

Updated September 9, 2021 United kingdom's Minister of State for Business, Energy and Clean Growth, Anne-Marie Trevelyan says bringing gas to shore to support Guyana’s energy needs is a huge step forward for the country to improve the cost of...

Large reserves, stable legal framework crucial to oil investments – energy expert

Countries with large oil and gas reserves and a stable legal environment are best positioned to benefit from major investments. Sheky Espejo, a contributor at S&P Global Platts, said in a recent podcast that companies operating in Latin America...

American Airlines is first U.S. carrier to offer nonstop flights to Suriname

American Airlines has become the first and only U.S. carrier to offer nonstop service to Suriname, connecting its Miami hub with Johan Adolf Pengel International Airport (PBM) five times per week with an Airbus A319. “In 2021 we have continued...

Guyana says it will not be used ‘as an altar of sacrifice’ in Venezuela political discord

Guyana says it will not be used ‘as an altar of sacrifice’ to settle Venezuela internal discord The Government of Guyana on Wednesday firmly rejected the recent move by the Venezuelan government and political opposition to ratify what Venezuela described...

Multi-billion-dollar Vreed-en-Hoop port facility gets greenlight from EPA

The multi-billion Guyana dollar ‘Port of Vreed-en-Hoop’ facility that will feature a major shore base at Foreshore, Plantation Best on the West Bank of Demerara has been given the greenlight by the Environmental Protection Agency (EPA). The project will see an...

EPA uses meticulous screening process to determine if projects require EIA – Executive Director

Head of Guyana's Environmental Protection Agency (EPA), Kemraj Parsram says the regulatory body has a meticulous screening process in place which allows for the accurate determination of when certain projects would require an Environmental Impact Assessment (EIA). Parsram’s comments came...

Venezuela gov’t & opposition unite around claims over Guyana’s territory at Mexico talks

The Venezuelan government and its political opposition found limited areas of agreement during a second round of negotiations in Mexico aimed at achieving broad U.S. sanctions relief. But the two sides did reach consensus on a territorial claim with...

ExxonMobil to certify natural gas, help customers meet environmental goals

ExxonMobil has signed an agreement with an independent validator, non-profit MiQ, to begin the certification process for natural gas produced at its Permian Basin facilities at Poker Lake, New Mexico. Certified natural gas validates emissions reduction efforts and helps...

Exxon targeting 2022 start-up for major 12-well campaign at Canje Block

ExxonMobil affiliate Esso Exploration and Production Guyana Ltd. (EEPGL) has submitted a Project Summary to the Environmental Protection Agency (EPA) in Guyana for its 12-well exploration and appraisal campaign on the 26,806 km2 Canje Block. Pending approval, drilling operations...

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Telesur and Orange expand subsea capacity to meet Suriname’s rising oil and gas demand

PARAMARIBO, SURINAME – Telecommunications provider Telesur and Orange Global Networks have entered a new ten-year agreement to expand Suriname’s...