News

Youths considering O&G careers after touring ExxonMobil facilities

Twelve students participating in a Youth Apprenticeship Programme being conducted by Guyana’s Ministry of Natural Resources were taken on a tour of ExxonMobil’s Centre for Local Business Development in Georgetown on Thursday. The youths were briefed on the industry and had...

British High Commissioner urges Guyana to update development plan

Guyana’s National Development Strategy needs to be modernized and therefore, the Government of Guyana should consider seeking assistance in this process, especially since the country is moving in the direction of building a sustainable oil and gas industry. This was...

More interest groups tour ExxonMobil Centre for Local Business Development

Members of the Guyana Oil and Gas Association (GOGA) were given a tour of ExxonMobil's Centre for Local Business Development (CLBD) on Wednesday, as part of a series of familiarization visits the Centre has organized for Guyanese interest groups. Giving...

Investors moving ahead with plans for “GY$100 per share” modular refinery

Investors are moving ahead with plans to set up a modular oil refinery in Guyana with an initial capacity of 6,000 barrels per day and shares available locally at 100 Guyana dollars each. The key stakeholder behind this project is...

Manufacturing group tours ExxonMobil business development centre

Officials from the Guyana Manufacturing and Services Association (GMSA) on Tuesday were given a tour of the ExxonMobil Centre for Local Business Development, located on South Road, Georgetown, Guyana. President of GMSA, Shyam Nokta, in brief remarks said the manufacturing...

U.S. oil drillers keep pressure on OPEC with record shale output

(Bloomberg) Oil output from major U.S. shale plays is poised to reach a fresh record next month, further complicating OPEC’s efforts to support prices. The gain is being led by the oil-rich Permian basin of Texas and New Mexico, where production...

Oil to Soil: O&G services company farms into agriculture

A company specializing in the provision of manpower resources and a range of other services to the oil and gas industry is investing big in agriculture development in Guyana. The JSL International Group of Companies has to date invested a...

No basis for renegotiating ExxonMobil contract says Guyana’s Finance Minister

Guyana’s Minister of Finance, Winston Jordan, says there is absolutely no basis for a renegotiation of the contract between the country and US super-major ExxonMobil, for oil production set to begin in 2020. The South American country is expected to...

Gas starts flowing from BP’s new fields offshore Trinidad and Australia

(Reuters) - BP has started producing gas from two new projects offshore Trinidad and Tobago and Australia; the company said on Monday, further boosting output that is helping the company to turn a corner after a bruising market downturn. Gas...

Liza Phase 2 targeted for 2023; proposed natural gas project being discussed

The ExxonMobil Liza Phase 2 development project in Guyana could start as early as 2023, following the commencement of Phase 1 scheduled for mid-2020 which will bring first oil for the South American country. Discussions are also ongoing for a...

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Guyana Energy Conference launches essay competition for high schoolers

The Guyana Energy Conference and Supply Chain Expo (GECSCE) has launched its first-ever essay competition, open to Guyanese students...