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Expectations run high worldwide on key meeting of world’s largest party

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As the 19th National Congress of the Communist Party of China (CPC) kicked off Wednesday, it has drawn great attention and expectations from across the world. The over 2,200 delegates attending the five-yearly national congress on behalf of more than...
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Iran oil minister urges Trump to let US oil firms in

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(AP) Iran’s oil minister says President Donald Trump should allow American oil firms to do business in the Islamic Republic. Bijan Zanganeh’s comments on Tuesday come as Americans and U.S. companies are still barred from directly doing business with Iran....
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Exxon begins production of 650,000 tons-per-year polyethylene lines

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ExxonMobil Chemical Company announced Tuesday that it has commenced production on the first of two new 650,000 tons-per-year high-performance polyethylene lines at its plastics plant in Mont Belvieu, Texas. The full project, part of the company’s multi-billion dollar expansion project in...
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Trotman for Petroleum meeting in Suriname

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Guyana’s Minister of Natural Resources, Raphael Trotman, will be participating in the New Petroleum Producers Discussion Group’s annual meeting, which is taking place in Paramaribo, Suriname from October 13 to 20, 2017. Other staff members from the Ministry of Natural Resources...
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Search suspended for missing worker after oil rig explosion in Louisiana

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(ABC) The search for a missing Louisiana worker was suspended Monday evening after he was unaccounted for following an explosion on a large oil rig Sunday night. The Kenner Police Department said it fielded a flurry of 911 calls at 7:18 p.m....
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China’s sovereign wealth fund hits 900 billion USD

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(Xinhua) Total assets of China Investment Corporation (CIC), the country's sovereign wealth fund (SWF), surpassed 900 billion U.S. dollars as of August. The figure is more than triple the original capital of 249 billion U.S. dollars when the fund was...
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Gov’t, Opposition must work together to develop plan or country will suffer – Nigel Hughes

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Guyanese Attorney-at-Law, Nigel Hughes, is urging the Government of Guyana and the Parliamentary Opposition to begin working together for the establishment of a long-term national development plan, failure of which could see the country being adversely affected when oil...
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Oil rig explodes in Louisiana Lake Pontchartrain critically injuring 5

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(NBC News) An oil rig exploded on a Louisiana lake Sunday night, injuring seven people, five of them critically, while another person remained unaccounted, authorities said. The explosion on Lake Pontchartrain was reported at 7:18 p.m. (8:18 p.m. ET) about...
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Iraq-Kurdistan conflict drives up oil prices

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(Financial Times) Crude oil was the standout mover on early Monday trading as conflict between Iraqi and Kurdish forces broke out south of the oil-rich city of Kirkuk, with energy stocks in Europe and Asia climbing. The Kurdistan Regional Government...
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Train the trainers worked for gold, it can work for oil – McLean

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Former Human Resource Manager of the now defunct Omai Gold Mines Limited, Norman McLean, believes that an effective approach for the delivery of local content in Guyana’s emerging oil and gas industry is to implement a system that allows...
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Fiscal terms in Guyana, Namibia, Angola ‘striking the right balance’ – WoodMac

Global provider of data and analytics, Wood Mackenzie, said host governments, such as those in Guyana, Namibia, and Angola,...

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