News

Guyana is firmly positioned to maintain its standing as a global model for responsible, safe, and sustainable energy development. This is according to Head of the Environmental Protection Agency’s (EPA) Oil and Gas Department, Sheirdath Ramsammy. Speaking on the agency’s...

The start-up of the ONE GUYANA floating production, storage and offloading (FPSO) vessel in 2025, played a decisive role in driving trade growth, with sharp increases in imports of agricultural machinery and construction materials, according to Finance Minister Dr....

Halliburton Guyana Inc. has issued an Expression of Interest (EOI) for the procurement, construction, and commissioning of a new Baroid laboratory, as the company continues to expand its onshore footprint in the country. The EOI, published recently, invites vendors to...

Guyana has allocated GY$10.7 billion in its 2026 budget to advance its flagship Gas-to-Energy project. This, along with efforts to further the country's gas-based power development and to resuscitate the Amaila Falls Hydropower Project, is part of the country's...

Guyana’s Local Content Act (LCA) continues to create opportunities for domestic businesses, with millions earned by Guyanese firms in offshore catering, construction, and engineering in 2025. This is according to Finance Minister, Dr. Ashni Singh.  To date, over 1,200 Guyanese...

The Government of Guyana says it remains firmly committed to managing the country’s oil and gas wealth in a way that secures robust economic benefits for future generations. Presenting Budget 2026 to the National Assembly on January 26, Senior Minister...

ExxonMobil said a ruling from the International Court of Justice (ICJ) will be a critical trigger for advancing exploration in portions of Guyana’s Stabroek Block that remain under force majeure due to the Guyana–Venezuela border controversy. The comments were made...

Chevron Corp. sees the potential to increase its Venezuelan oil production by as much as 50% over the next 18-24 months, its Chief Executive Officer Mike Wirth said during the company’s earnings conference call today.  The U.S. government has been...

TotalEnergies EP Suriname B.V. has launched the Suriname edition of its TotalEnergies Women’s Initiative for Communication & Exchange (TWICE). The initiative is aimed at advancing women’s careers, promoting gender awareness, and creating opportunities for learning, connection, and leadership.  Artur Nunes...

Chevron reported a drop in fourth-quarter profit during its earnings call on Friday, as lower oil prices and weaker upstream earnings outweighed gains in refining margins and higher production. The U.S. oil major posted net income attributable to shareholders of...