Production

Tullow Oil says plans are underway to resume drilling next year to boost output at its Tweneboa, Enyenra, Ntomme (TEN) field once the maritime dispute between Ghana and The Cote d’Ivoire is resolved. Mr Charles Darku, the Tullow Ghana Managing...

Even as one expert has concluded that building a 100,000 bpd capacity refinery in Guyana would not be economically feasible, the government says it is still open to examining other options and will meet with persons who have submitted...

A presentation will be made on the feasibility of establishing an oil refinery in Guyana on May 17 by the consultant hired to look into the matter by the Guyana government. Pedro Haas, Director of Advisory Services at Hartree Partners will...

Guyana today moved one step closer to tightening its legislative regime governing the oil and gas sector, when Minister of Natural Resources, Raphael Trotman, presented to the National Assembly, the Petroleum Commission of Guyana Bill 2017–to provide for the...

With an oil and gas industry in Trinidad and Tobago that is well over 100 years old, an environmental specialist from the twin island republic believes that the absence of a major catastrophic disaster over the years is commendable,...

NEW YORK (Bloomberg) -- Oil hovered around $46/bbl in New York, back to levels last seen before the OPEC deal, as the shale revival appears to be making the group’s cuts ineffective. After dipping below $44 Friday, futures pared some of...

A new regulatory body is being proposed by authorities in Guyana to oversee the implementation of a Local Content, Capacity Development and Value Addition Policy Framework.  The draft policy document, developed by the Ministry of Natural Resources, is currently...

“When you think about the full scope of our development in Guyana, and clearly, the higher the resource density, the more profitable it's going to be..." - Jeff Woodbury US supermajor ExxonMobil plans to sanction the first phase of the development...

More than 1,340 direct jobs could be created over the lifetime of the Liza phase 1 development project which will see a proposed 17 wells being drilled, equipment installed and oil production undertaken in the Stabroek Block, 120 miles...

(CNBC) Oil prices sharply extended losses just before Tuesday's settlement, with U.S. crude breaking below $48 a barrel for the first time in more than a month. U.S. West Texas Intermediate futures and international benchmark Brent crude were both down...