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GIPEX Platinum sponsor ready to deliver on ‘every need of O&G sector’

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Guyana International Petroleum Exhibition and Summit (GIPEX) 2018 Platinum Sponsor GTT, a telecommunications service provider in Guyana, says it is ready to deliver on “the every need of the oil and gas sector” in the South American country and...
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China’s CNOOC plans to ramp up spending by at least 40 percent in 2018

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Chinese offshore oil and gas company CNOOC Ltd said on Thursday it planned to ramp up spending by at least 40 percent in 2018, as well as raise production, thanks to a more “suitable” oil price, Reuters reports. CNOOC Nexen...
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Exxon moving to develop Payara by 2023; Guyana oil production could hit 450,000 bpd

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Exxon Mobil Corporation could sanction its third development project offshore the South American country of Guyana as early as 2023. The company’s Vice President of Investor Relations and Secretary, Jeffrey Woodbury told participants during its fourth quarter earnings call...
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Ranger-1 gives ExxonMobil new insight into Stabroek Block potential

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ExxonMobil’s recent oil discovery at the Ranger-1 reservoir offshore Guyana is particularly significant because it demonstrates that potentially significant commercial quantities of crude is contained in a different type of play on the Stabroek Block. The estimated total 3.2 billion...
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Exxon announces US$19.7B earnings for 2017

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Exxon Mobil Corporation announced on Friday its estimated 2017 earnings of $19.7 billion, or $4.63 per share assuming dilution, compared with $7.8 billion in 2016. U.S. federal tax reform in the fourth quarter resulted in a non-cash earnings gain of $5.9 billion,...
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Chevron announces major oil discovery in deepwater Gulf of Mexico

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Chevron Corporation (NYSE:CVX) has made a significant oil discovery at the Ballymore prospect in the deepwater U.S. Gulf of Mexico. Ballymore is located in the Mississippi Canyon area of the U.S. Gulf of Mexico, approximately three miles from Chevron’s Blind...
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UN decision on border controversy first major step towards lasting resolution – Trotman

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Guyana’s Minister with responsibility for the petroleum sector says the recently announced decision of the United Nation’s Secretary General, Antonio Guterres, to refer the decades old border controversy with Venezuela to the International Court of Justice (ICJ) is the...
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Alberta’s oil industry facing perfect storm of awful

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(Hart Energy) A funk has settled over the Alberta oil industry as low prices, pipeline system constraints, storage shortfalls, and limited rail shipping have combined in a perfect storm that is costing producers millions of dollars every day. While the...
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Shell sweeps nine of 19 blocks awarded in Mexico oil auction

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(Reuters) - Royal Dutch Shell (RDSa.L) snapped up nine of 19 Gulf of Mexico oil and gas blocks awarded in a Mexican auction on Wednesday, as the global oil major raised its big bet on Latin America’s deep waters. Mexican...
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Israel, Lebanon renew spat over disputed oil-and-gas territory

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(Bloomberg) Lebanon’s prime minister and other senior figures in the country’s government reacted angrily to comments by an Israeli official once again laying claim a disputed maritime area said to be rich in oil and gas. International oil companies are...
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UPDATED: A guide to Guyana’s Gas-to-Energy project

Editor's note: This article was updated on November 25, 2025. It was first published on December 29, 2024. The...

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