News

Guyana moves to de-risk unexplored basin with 25,000 sq km 3D seismic survey

The Government of Guyana is advancing a large-scale offshore 3D multi-client seismic acquisition, a move aimed at reducing exploration risk across acreage south of the Stabroek Block and strengthening the country’s upstream petroleum framework. According to a March 9 notice...

The last time oil prices were this high was the 2022 Ukraine war 

The last time Brent crude traded above US$100 per barrel was in 2022, when Russia’s invasion of Ukraine triggered one of the most severe energy shocks in recent history, per the U.S. Energy Information Agency’s records.  The war disrupted global...

Letter-to-the-Editor: Beyond the US$100M ExxonMobil STEM Initiative 

Dear Editor,  ExxonMobil Guyana’s US$100 million investment in STEM education comes at a defining moment in Guyana’s history. As our country grows as a major energy producer, the most important resource we must develop is not oil, but people. This initiative...

Hormuz tanker disturbance marks ‘biggest disruption in oil production in history’ – S&P Global VP

The disruption in tanker traffic through the Strait of Hormuz represents the largest disruption to global oil production ever recorded, according to Daniel Yergin, Vice Chairman of S&P Global. Yergin made the assessment in a March 9 opinion piece...

Stena Carron named Wells Alliance Guyana rig of the quarter after a decade of operations offshore Guyana

Wells Alliance Guyana has named the Stena Carron drillship ‘Rig of the Quarter’, a recognition announced by Stena Drilling last week as the vessel marks 10 years of deepwater operations offshore Guyana. In a March 5 LinkedIn post, the company...

bp pursuing projects to reduce carbon footprint of energy production 

British energy giant bp is advancing projects to lower the carbon footprint of energy production while maintaining global oil and gas supply, according to key disclosures in its recently published Sustainability Report. The company reported oil and gas production of...

Gwen Evelyn leads Energy Guyana Magazine as sector and readership grow

Over the course of her distinguished career, veteran journalist and Editor-in-Chief Gwen Evelyn has consistently united refined professional decorum with incisive, disciplined focus.  That dedication has been the driver behind Energy Guyana Magazine’s success, the country’s only publication dedicated entirely...

President Ali to open OTC 2026 in Houston as Guyana’s offshore rise draws global spotlight

President Irfaan Ali’s upcoming appearance as the opening speaker at the Offshore Technology Conference 2026 (OTC) signals just how far Guyana has progressed — from a frontier exploration market to a country now regarded as a core offshore producer...

Oil majors need 14 Guyana-scale projects to offset 22 million b/d production decline by 2040 – Wood Mackenzie

The world’s 30 largest oil and gas companies must find 22 million barrels of oil equivalent per day by 2040 to maintain their market share, according to a February 26 report by Wood Mackenzie. The group, which includes ExxonMobil, currently...

Energy Magazine to release ‘Women in Oil and Gas—Balancing the Scales’ edition on International Women’s Day

Energy Guyana Magazine will mark International Women’s Day on March 8, 2026, with the release of a special edition titled Women in Oil and Gas—Balancing the Scales, according to a press release seen by OilNOW. The publication said the edition...

Latest News

Guyana lodges protest over reported Corentyne River charges imposed by Suriname

President Irfaan Ali said the Guyana government has formally protested reported charges instituted by authorities in Suriname for the...