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Venezuelans go the polls in an election widely seen as a foregone conclusion

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(BBC) After years of turmoil which at one point saw almost daily street protests, President Nicolas Maduro is looking to consolidate his power. The opposition, however, refuses to even take part. Who's going to win? Most analysts agree that President Maduro is...
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“Re-membering the Brink: Oil and a Whole Lotta Gas” opens May 26 in Guyana

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The Theatre Guild of Guyana is in its 70th year and will be reopening its doors on the occasion of the South American country’s Independence Day - May 26, with the grand premiere of its brand new production; Re-membering...
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Over 500 Guyanese gain employment through ExxonMobil operations

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Guyanese represent fifty-two percent of ExxonMobil’s local workforce while 227 Guyanese companies supplied its oil and gas operations in 2018. ExxonMobil's Senior Director, Public and Government Affairs, Kimberly Brasington, provided data to Guyana's Department of Public Information (DPI) which indicated...
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Trinidad ‘no longer attractive’ for new petrochemical projects – CNC CEO

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Trinidad and Tobago is no longer an attractive place for petrochemical companies to launch new processing plants, Loop reports. Speaking at a media briefing in Point Lisas on Thursday, CEO of the Caribbean Nitrogen Company Limited (CNC), Jerome Dookie, said...
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Oil prices hold near 3 1/2-year high; Brent nears $80 as market braces for Iran sanctions

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(Market Watch) Oil prices rose Friday, with Brent crude trading close to the $80-a-barrel threshold, in anticipation of renewed U.S. economic sanctions on Iran. July Brent crude LCON8, +0.64% rose 30 cents, or 0.4%, at $79.60 a barrel on ICE...
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Oil revenue to fund extensive road networks/bridges, regional airports and more – Patterson

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Guyana’s Minister of Public Infrastructure, David Patterson, says his ‘shopping list’ has already been prepared and approved for the undertaking of a number of major transformational infrastructure projects when revenue from oil production begins to flow in 2020. During an...
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Pakistan, Abu Dhabi appoint TechnipFMC to manage 250,000-bpd refinery project

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Pak-Arab Refinery Ltd (PARCO), a joint venture between the governments of Pakistan and Abu Dhabi, said on Thursday it has appointed TechnipFMC to manage a 250,000-barrels-per-day refinery project. According to a Reuters report, TechnipFMC will manage the pre-engineering, procurement and...
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Oil hits $80; pipeline operators consolidate

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Oil prices hit $80 per barrel for the first time in more than three years on Thursday on concerns Iranian exports could fall, reducing supply in an already tightening market. Among the analysts weighing in, Boston Consulting Group’s Jamie...
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8 wells at Liza will produce more oil than Delaware Basin’s 1,400 – Hess

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Chief Executive Officer of Hess Corporation, John Hess, says when it comes to low development cost and favorable financial returns Guyana is a much better prospect than the Permian’s Delaware Basin. The CEO was at the time speaking during a...
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Guyana Opposition Leader decries state of preparedness for oil & gas

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Leader of the Opposition Peoples Progressive Party Civic (PPP/C) in Guyana, Bharrat Jagdeo, on Wednesday outlined a number of key legislation for the country’s emerging oil and gas industry which are yet to be finalized, pointing out that this...
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Letter-to-the-Editor: Guyana’s oil and gas sector is experiencing responsible growth

Dear Editor, I am constantly engaged with reports across a range of industries—none more prominent in recent years than the...

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