News

Residents of Little Red Village on Guyana’s Essequibo Coast now have access to a new community hub following the official commissioning of the 'Lil Red Community Centre' on November 27.  Constructed by Food for the Poor (Guyana) Inc. - with...

Guyana’s deepwater volumes remain central to the pool of “advantaged barrels” that analysts say can withstand prolonged low-price environments. This is according to Norway-based research and energy intelligence company, Rystad Energy. During a recent episode of the firm’s Let’s Talk Energy...

PARAMARIBO, SURINAME – Industry leaders and government officials insist that Suriname’s ability to benefit from upcoming offshore oil production will rely on sustained investments in skills, education and local content capacity. The statements were made during a panel discussion at...

Guyana President Irfaan Ali on Friday urged the country’s private sector to form a consortium capable of joining offshore operations by providing supply and other support vessels.  With the rapid growth of the offshore oil and gas sector, the country...

Brent crude is the leading global benchmark for oil prices. It refers to a classification of water-borne crude originally from the North Sea, now a blend from several North Sea fields, that is light (low density) and sweet (low...

In just under six years, Guyana has transitioned from being a first-time oil producer to one that now produces 900,000 barrels of crude per day, driven by seven sanctioned offshore projects in the Stabroek Block and a flagship gas-to-energy...

Global price-reporting agency Platts, part of S&P Global Commodity Insights, will introduce two new freight assessments on December 1 that specifically track the cost of shipping Guyana’s crude to Europe.  The move comes as Guyana cements its place as a...

Petrobras will prioritise exploration along Brazil’s Equatorial Margin as part of its 2026–2030 Business Plan, committing to drill 15 wells in the region between Amapá and Rio Grande do Norte.  The company said the frontier “has an important oil potential”...

ExxonMobil Guyana Limited has intensified activity at the Uaru development as its Yellowtail project enters full production. On November 17, 2025, the company began developmental drilling at the Uaru Project’s UA_3i02 Drill Center within the Stabroek Block of Guyana’s...

PARAMARIBO, SURINAME – TotalEnergies Suriname officially launched the EnergyJobs.sr platform on Thursday at the Assuria Event Center in Paramaribo, presenting it as a centralized online hub to connect Surinamese jobseekers with opportunities in the country’s expanding oil and gas...