(Reuters) - U.S. Gulf Coast refineries and fuel distribution terminals started to reopen on Saturday, a week after Tropical Storm Harvey knocked out nearly 25 percent of the nation’s refining capacity and sent gasoline prices spiking.
While much of the...
Encouraged by positive results from several drill campaigns offshore Guyana which saw the largest discovery being made for 2015, ExxonMobil has vowed to continue its search for more oil in the South American country.
The Liza 1 discovery, estimated to...
The West Indies Oil Company Limited, WIOC, has inaugurated a new oil tank yard in St. John's, Antigua and Barbuda, improving the country’s energy infrastructure.
Roughly 51 percent of the project is owned by the government of Antigua and Barbuda,...
French super-major Total SA has been invited by India to invest in the country’s oil and gas infrastructure.
Oil Minister Dharmendra Pradhan said on Friday the company is being encouraged to “invest in infrastructure, gas pipelines, LNG terminals and petrochemicals,”...
(CNBC) Flames and smoke could be seen coming from the Arkema plant in Crosby, Texas, on Friday evening.
That came after a container of organic peroxides exploded and caught fire early Thursday, sending acrid smoke into the air. An executive...
The passage of the Petroleum Commission of Guyana Bill 2017 which would pave the way for the establishment of a Petroleum Commission could occur before year-end, but authorities say getting it right is more important than trying to accelerate...
Exxon Mobil Corporation said Thursday it had increased its financial commitment for Harvey relief to up to $9.5 million, which includes a new employee and retiree donation match program and in-kind donations to the American Red Cross for recovery efforts...
ExxonMobil will have an initial 20-year period to produce petroleum under the license granted by Guyana for the Liza Phase 1 development project, with a single renewal period of up to 10 years thereafter.
As part of the agreement, ExxonMobil,...
Guyana’s President, Brigadier David Granger on Wednesday emphasized the importance of transparency and accountability in the oil and gas sector and reaffirmed the country’s commitment to doing things the “right way” in a meeting with CEO of ExxonMobil Corporation,...
Guyana’s decision to retain a system of direct negotiations with companies or move towards a bidding system for the issuance of Exploration and Production (E&P) licenses will be determined by national interest.
So says the country’s Minister of Natural Resources,...
