News

(Reuters) - Brazil’s Petrobras said that its platforms P-74, P-75, P-76 and P-77 located in the deepwater Buzios oil field, the largest in the world, achieved record production levels on June 27, totalling 664,000 bpd and 822,000 boed. The oil...

Speaking after Shell announced impairments of up to US$22 billion to its portfolio, Angus Rodger, a director with Wood Mackenzie’s upstream research team, said, “The major oil companies are going through a process of reassessing long-term oil price assumptions...

Guyanese-owned Strategic Recruitment Solutions Inc (SRSGY) has taken another step forward in meeting international compliance requirements by Completing TRACE Certified Due Diligence. TRACEcertification is a heavily benchmarked and comprehensive due diligence review, analysis and approval process establishing that an individual or...

The move by BP to sell its global petrochemicals business to INEOS for $5 billion as part of plans to “reinvent” itself into a more focused, integrated energy company will impact Trinidad and Tobago where it is the largest...

(Reuters) - Brazilian oil company Petrobras said on Monday that it had begun the process to sell the entirety of its stake in the Campo de Tartaruga field, located in shallow waters in Bacia de Sergipe-Alagoas in the state...

Transborders Energy (Transborders) announce on Monday that it has entered into a FLNG Solution Partnership Agreement with Single Buoy Moorings Inc. (SBM Offshore) for co-pursuing the deployment of Transborders’ FLNG Solution on a range of stranded offshore gas resource...

The public hearings on the question of the jurisdiction of the International Court of Justice in the case concerning the Arbitral Award of October 3, 1899 (Guyana v. Venezuela) is set for today via video-conference at the Peace Palace...

Norway-based independent energy research company Rystad Energy says the prolonged political impasse in Guyana continues to be a risk to the country’s emerging oil and gas industry and the absence of a fully functional government to approve projects and...

A growing number of Guyanese women are entering the Oil and Gas sector as offshore operations in the South American country continue to expand in wake of multiple discoveries at the prolific Stabroek Block and beyond. Since 2015, ExxonMobil has...

(S&P Global) London — BP has agreed to sell its global petrochemicals business to INEOS for $5 billion as part of plans to "reinvent" BP into a more focused, integrated energy company. The sale agreement comprises all of BP's aromatics and...