News

The recent capture of Venezuelan President Nicolás Maduro and his wife by U.S. forces may reduce sustained pressure on Guyana, according to Guyana’s Agent in the World Court case with Venezuela, Carl Greenidge. He commented in an exclusive interview...

U.S. net imports of crude oil from Guyana rose to record levels in 2025, supported by rising offshore production and growing demand from U.S. refiners, according to data from the U.S. Energy Information Administration (EIA). Based on EIA data for...

Touchstone Exploration Inc. has announced that significant net sand has been found at its Carapal Ridge-3 (CR-3) development well in Trinidad and Tobago, with completion and tie-in targeted for early 2026. Development drilling in Trinidad and Tobago’s Central Block had...

Guyana is set to rank second among the world’s largest new oil field start-ups in 2026, with first production from the Uaru field expected to begin this year. According to S&P Global Energy CERA on January 5, eight of...

Guyana’s Minister of Natural Resources, Vickram Bharrat, has assured that offshore oil and gas exploration activities continue without a hitch. The assurance comes amid heightened geopolitical tensions in the region following the capture of Venezuelan President Nicolás Maduro by...

A consortium led by TotalEnergies plans to begin a US$25 million 3D seismic survey at Guyana’s offshore Block S4 in August 2026, a project summary from the Environmental Protection Agency (EPA) said. The proposed campaign will cover about 2,000 square...

ExxonMobil Guyana Limited (EMGL) has issued a public Request for Information (RFI) as it plans to put in place a services agreement for tubular and accessories rental services to support its drilling campaign in Guyana. The RFI aims to identify...

Guyana’s Local Content Secretariat is conducting a data-driven review of the Local Content Act, which could expand participation across additional sectors, based on spending patterns already observed in the oil and gas industry. Local Content Secretariat Director Michael Munroe said...

U.S. President Donald Trump said American oil companies will move to invest heavily in Venezuela’s oil sector, hours after Washington announced the capture of Venezuelan President Nicolás Maduro following U.S. military strikes. “We’re going to have our very large United...

The Ministry of Natural Resources, through the Local Content Secretariat, is preparing to launch a new online portal for handling local content certification applications, marking a shift away from paper-based and fragmented submissions. The portal is expected to go live...