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China to receive direct crude oil shipment from Guyana; its first in three years 

OilNOW -
According to Quantum Commodity Intelligence, an independent price reporting agency, China is set to take delivery of a direct shipment of Guyanese crude oil, the first in three years. Data from commodity analytics firm Kpler showed a very large...
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Berbice emerging as a key development hub amid Guyana’s rapid growth

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Former Dutch colony along Guyana’s coastline, Berbice, is steadily emerging as the country's next hub for development, with increased investments, infrastructure upgrades, and growing interest from stakeholders.  Major projects have already been set in motion in the country’s ‘Ancient County’,...
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Touchstone sees drop in Q1 production and revenue amid operational challenges

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Touchstone Exploration Inc. has reported a decline in production and revenue for the first quarter of 2025. Touchstone said its average production fell to 4,317 barrels of oil equivalent per day (boe/d), down from 5,287 boe/d in the previous quarter....
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SBM Offshore Guyana throws support behind Mental Health Awareness Campaign

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SBM Offshore Guyana has thrown its support behind a new national mental health campaign launched by the Office of the President and the Ministry of Health. The initiative titled ‘Your Mental Health Matters’ was unveiled today at the ministry’s...
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Keystone Consulting debuts at OTC: set to deliver grounded market intelligence on Guyana, region 

OilNOW -
Houston, Texas, United States - Keystone Consulting (Guyana) Inc., a new research, marketing, and business intelligence firm, was officially launched last Tuesday at the Offshore Technology Conference (OTC) in Houston, Texas, one of the energy industry’s largest global events. Company...
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Greenidge cautions Venezuela: An attack on Guyana’s EEZ is an attack on U.S. assets  

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Carl Greenidge, Guyana’s agent in the International Court of Justice (ICJ) case on the border controversy with Venezuela, has raised concerns about the increasing risks of conflict if Caracas increases its activities in Guyana’s exclusive economic zone (EEZ). Speaking to...
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Q1 withdrawal from Guyana’s oil fund up 60% from last year’s

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The Guyana government ramped up withdrawals from the country’s oil fund in the first quarter of 2025, taking out US$400 million (GY$83.4 billion) to support the national budget, 60% more than the US$250 million (GY$52.1 billion) withdrawn during the...
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Venezuela risks more sanctions if unlawful election is held in Essequibo this May – Greenidge 

Shikema Dey -
Venezuela risks triggering even more international sanctions if it proceeds with its unlawful elections in Guyana’s Essequibo region. The International Court of Justice (ICJ) issued a binding order prohibiting any actions that could alter the status quo pending a...
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Guyana’s oil boom being managed with deliberate and prudent policy, says Economist Richard Rambarran

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Concerns about economic overheating in oil-rich Guyana were addressed head-on by economist Richard Rambarran last week at the Offshore Technology Conference. He credits strong fiscal discipline and targeted investments with keeping inflation low and macroeconomic fundamentals stable. “Overheating refers to...
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Improvements in infrastructure, productivity pushing Guyana’s non-oil GDP – IMF

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Guyana’s oil sector is projected to account for a slightly smaller share of the country’s economy in 2025 for the first time since offshore production began in 2019, even as overall output continues to rise, according to the International...
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Guyana’s AFC party promises transparency, amended contracts in oil sector if it wins elections

Guyana’s Alliance for Change (AFC) political party is promising oil and gas transparency reforms and a review of existing...

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