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Should Guyana build its own refinery as fuel shortages test supply security?

Fuel shortages across Guyana, which disrupted supply at several gas stations, have brought renewed attention to the country’s fuel supply structure, raising the question again of whether a domestic oil refinery is needed or whether alternatives such as imports...

Petrobras discovers hydrocarbons in Campos Basin exploration well, samples to undergo testing

Petrobras has identified hydrocarbons in the pre-salt section of Brazil’s Campos Basin, following exploratory drilling in block C-M-477 offshore Rio de Janeiro, it said in an April 13 release. According to Petrobras, the fluid samples have been collected and will...

Westwood sees Guyana exceeding 100 subsea trees by 2030

Guyana is among the high-growth offshore markets expected to require more than 100 subsea trees by 2030, according to Westwood Global Energy Group in an April 13 LinkedIn post. “High-growth markets including Australia, China, and Guyana are each expected to...

Guyana Prime Minister says no need to panic as fuel cargoes arrive, more expected

Guyana’s Prime Minister Mark Phillips urged the public not to panic buy or hoard fuel on Monday, saying supplies are stabilizing after a temporary disruption caused by a delayed shipment from a major supplier. Guyana, like many countries globally, is...

Guyana crude gains ground in India as exports expand into Asia

Guyana’s crude is reaching deeper into Asia, with India emerging as a growing destination for cargoes as exports expand eastward. Shipments are being integrated into the country’s large, complex refining system, showing rising demand for Guyana’s crude grades. According to...

Standardization debate sharpens as deepwater players weigh speed against innovation

Operators and contractors at the World Oil Deepwater Development Conference in Lisbon, Portugal, identified standardization as a key driver of faster project delivery, while warning it could constrain innovation, according to insights from Welligence. According to World Oil’s April feature,...

Staatsolie invites companies to join 2026 Blue Wave supplier program

Staatsolie is calling on Surinamese businesses to participate in the 2026 edition of its Blue Wave Supplier Development Program, aimed at preparing local firms for offshore opportunities. In a LinkedIn post on April 8, 2026, the state oil company announced...

At Cartagena, Guyana crude joins global feedstock for fuel production

Guyana’s light to medium sweet crude from offshore fields like Liza in the Stabroek Block is finding its way to global refineries, including the Repsol YPF Cartagena Refinery in southeastern Spain. There, crude is transformed into the gasoline, diesel,...

OTC Around the World Series to spotlight Guyana’s policy and execution agenda on May 5

Guyana will be a key feature of the Offshore Technology Conference’s Around the World Series on May 5, 2026, with two sessions in Houston set to examine the country’s policy direction, investment climate, local content framework, and wider development...

Shell starts community upskilling mission in Trinidad, exposing residents to energy sector jobs

Shell’s Community Upskilling Programme is equipping residents of Trinidad and Tobago with practical skills to meet the evolving demands of the energy sector. The company described the initiative as “anchored in this principle: a resilient energy sector depends on...

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Environmental permits and production licenses serve distinct roles for oil and gas developments

Oil and gas development projects proceed with two key approvals: environmental permits and production licenses. They cover different aspects...