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Exxon acquires 100,000 bpd crude oil terminal

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...

Oil spill response plan a top priority of Guyana government – Minister of State

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...

Oil Spill: Ambassador urges Guyana to hope for the best, plan for the worst

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...

Ghana former oil executive to deliver public lecture in Guyana

Theophilus Nyamko Ahwireng, former Chief Executive Officer of the National Petroleum Commission of Ghana will deliver a public lecture in Georgetown, Guyana on Monday, October 23. The lecture, titled "The National Petroleum Commission, resource management, governance and sustainable development of...

Oil spill in TT possibly came from passing ship – Ramnarine

Trinidad and Tobago's former Minister of Energy and Energy Affairs, Kevin Ramnarine, believes that an oil spill which began spreading over the past week in the Twin Island Republic may be the result of a passing ship. In an invited...

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

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...

Iran oil minister urges Trump to let US oil firms in

(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....

Exxon begins production of 650,000 tons-per-year polyethylene lines

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...

Trotman for Petroleum meeting in Suriname

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...

Search suspended for missing worker after oil rig explosion in Louisiana

(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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ExxonMobil Guyana produced 841,000 barrels of crude per day in October

ExxonMobil Guyana’s offshore oil production averaged 841,000 barrels per day (b/d) in October across the four producing Stabroek Block...