A key group representing the business community across Guyana will be staging a series of public discussions on oil & gas, beginning today.
The Georgetown Chamber of Commerce and Industry (GCCI) will be spearheading a series of public lectures and...
(CNBC) For two separate weeks recently, the U.S. exported as much oil onto the world market each day as was being pumped in either Nigeria or Venezuela and by several other OPEC countries together.
Those roughly 1.9 million barrels a...
While the law does not stipulate that foreign companies should make shares available on the Guyana Stock Exchange, General Manager of the entity, George Edwards, said this is an area that the country's Government should give consideration to.
In an...
(Reuters) - The world’s top two oilfield service firms on Friday warned slower producer spending and weakness in offshore exploration may weigh on current-quarter earnings, but said activity could improve in the longer term as the global crude market...
TechnipFMC said Thursday that an agreement has been reached with Plexus Holding to acquire Plexus’s Wellhead exploration equipment and services business for jack up applications. In conjunction with TechnipFMC’s global footprint and market presence, this portfolio expansion in the...
(Reuters) - Mexico’s oil regulator will likely add another auction in 2018 featuring conventional onshore oil and gas blocks, the head of the National Hydrocarbons Commission (CNH) said on Thursday, potentially teeing up a third tender in an election...
The Environmental Protection Agency (EPA) in Guyana will host a one day retreat on October 30 to examine extensively its processes for dealing with the oil and gas industry and its likely implications for the environment.
This was disclosed by the country’s...
ExxonMobil said on Wednesday it has acquired a crude oil terminal in Wink, Texas from Genesis Energy LP. The terminal is located in the rapidly growing Delaware Basin, part of the Permian Basin – one of the most prolific...
The need to craft an oil spill contingency plan is among the top priorities of authorities in Guyana, and the government has already begun to put structures in place to deal with such eventualities when production begins in 2020.
This...
US Ambassador to Guyana, Perry Holloway, said it is important for the South American country to hope for the best, but plan for the worse as it relates to an oil spill, when production gets underway in 2020.
His comments...