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Suriname mourns former President Chandrikapersad Santokhi, dead at 67

Former Suriname President Chandrikapersad Santokhi has died at the age of 67. According to Waterkant News, an ambulance was called earlier today to the former president’s home due to a medical emergency. After assistance at the scene, “it was decided...

Stabroek output climbs further to 918,000 b/d in February

Crude oil production offshore Guyana averaged about 918,000 barrels per day (b/d) in February 2026, reflecting continued gains from optimization work across ExxonMobil’s Stabroek Block developments. Government data shows that approximately 25.7 million barrels were produced during the month across...

Explained: How oil resources become reserves in the Stabroek Block

Oil and gas discoveries at the ExxonMobil-operated Stabroek Block are estimated to hold approximately 11 billion barrels of oil-equivalent. The resource base has positioned the South American country among the world’s fastest-growing oil producers and continues to shape development...

Six women among 20 selected for Noble’s marine cadet scholarships

Twenty Guyanese, including six women, have been selected from a pool of 1,700 applicants to be the 2026 beneficiaries of Noble Corporation’s Marine Cadet Scholarship Programme. The awards were presented on March 28, 2026, in Georgetown, during the Noble Marine...

Why Guyana’s crude grades turn heads around the world

Guyana’s offshore oil isn’t just abundant; it also carries chemical traits that make it desirable to refiners around the world. From its early discoveries in 2019 to today’s steadily rising exports, the quality of Guyana’s crude has helped the...

Guyana to aid expansion of CNOOC’s 2026 reserves as company eyes US$16.9B capital  spend

China’s offshore oil major CNOOC is targeting higher reserves and production in 2026, with Guyana expected to support that expansion as the company continues investing across its global upstream portfolio. The company said it aims to produce “780 million to...

Amendments to Local Content Act vital as Guyanese firms expand into oil sector – VEHSI Director

Nicholas Deygoo-Boyer, Director of Vreed-en-Hoop Shorebase Inc. (VEHSI), says amendments to Guyana’s Local Content Act cannot be overlooked and are critical as more local businesses expand into offshore oil and gas services.  He made the comments on the Starting Point...

Oil refinery could give Guyana greater control over supply shocks; feasibility, strategic reserve worth reexamining — VEHSI Director

Director of Vreed-en-Hoop Shorebase Inc. (VEHSI), Nicholas Deygoo-Boyer, says Guyana may need to revisit the feasibility of building an oil refinery or establishing a larger strategic reserve of refined products as the country’s oil sector expands. He made the remarks...

Trinidad explores deeper collaboration with Colombia on energy, training

Trinidad and Tobago and Colombia have committed to strengthen energy cooperation during  a meeting between officials from both countries, a March 23 statement from the Ministry of Energy and Energy Industries of Trinidad and Tobago said. The meeting involved Ernesto...

Digital tools being used to sharpen well placement, reduce costs in Stabroek Block

Digital technologies are improving drilling efficiency, safety, and reservoir management in offshore operations in the Stabroek Block, according to Alistair Routledge, President of ExxonMobil Guyana. Routledge addressed the role of digitization during a press conference on March 19 at the...

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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...