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Gulf Publishing Company launches LNG intelligence service

Gulf Publishing Company, a leading media company and provider of market data for the international energy industry, on Sunday the Energy Web Atlas to provide the downstream energy sector with easy access to information about the Liquefied Natural Gas (LNG) industry. A...

FSU researchers to study fate of BP Oil spill

(FSU) A team of research institutions led by Florida State University (FSU) has been awarded a $2.8 million grant to expand its understanding of how the 2010 Deepwater Horizon oil spill affected the ecology of the Gulf of Mexico. Eric...

Chevron names Michael Wirth as Chairman & CEO

Chevron Corporation announced Thursday that its Board of Directors elected Michael K. Wirth Chairman of the Board and Chief Executive Officer, effective February 1, 2018.  Wirth, who is currently vice chairman of the board and executive vice president of...

TechnipFMC awarded EPCI contract for Statoil Peregrino Phase II project

TechnipFMC has been awarded an Engineering, Procurement, Construction and Installation contract by Norwegian multinational oil and gas company, Statoil. It covers the execution of the subsea pipeline connection for the new production platform in Peregrino Phase II Project, located in...

Economist urges Guyana not to use oil money for “make-work jobs”

Trinidadian Economist, Dr. Roger Hosein, is urging Guyana not to use oil revenue to create “make-work jobs” especially at elections time when politicians look to induce voters in order to secure their support.  The act of the State intervening...

Exxon bets on Brazil; buys 10 oil blocks in auction

(Reuters) - Exxon Mobil Corp vastly expanded its presence in Brazil on Wednesday, winning 10 blocks in the country’s 14th round of bidding for oil exploration and production rights, helping the cash-strapped nation fetch a record 3.8 billion reais...

Exxon adds 22,000 acres to Permian Basin resource

Exxon Mobil Corporation announced Wednesday that it has added 22,000 acres to its Permian Basin portfolio since May through a series of acquisitions and acreage trades. Located in the highly prolific, stacked oil pay zones of the Delaware and...

Guyana to set up portal for oil & gas opportunities

Guyana’s Ministry of Foreign Affairs will soon establish a portal on its website that will allow persons in the Diaspora to see what opportunities are available to them in the oil and gas sector from ExxonMobil. Speaking during a Diaspora...

IDB will not support major projects without sound EIA – Executive Director

Inter-American Development Bank (IDB) Executive Director Jerry Butler says the multilateral financial agency will not support any infrastructural project, including those in the oil and gas sector, in the absence of a comprehensive Environmental Impact Assessment (EIA) study. Butler was...

Canada sanctions 40 Venezuelans with links to Maduro regime

Canada has announced sanctions on key figures in the Maduro regime in what the country’s Ministry of Foreign Affairs says is designed to send a clear message to the Venezuelan government that “their anti-democratic behaviour has consequences.” Chrystia Freeland, Minister...

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“There’s a job waiting for you offshore. Meet the industry’s needs,” Routledge tells 3rd batch of FacTor-trained Guyanese technicians

ExxonMobil Guyana President Alistair Routledge told the third cohort of trainee technicians graduating from the Guyana Technical Training College...