Guyana can expect a significant spike in its oil revenues as early as 2026/2027 after the ExxonMobil-led Stabroek Block consortium (Exxon 45%, Hess 30% and CNOOC 25%) substantially recovers the tens of billions invested in exploration and development of...

MODEC hosted a reception at the Guyana Marriott Hotel on Friday to celebrate the start of construction for its first project in the South American country – the Floating Production Storage and Offloading (FPSO) vessel Errea Wittu, for ExxonMobil...

NV Havenbeheer Suriname, the Suriname Port Management Company, has issued a request for proposals (RFP) for the exploitation of available land and port facilities in the Dr. Jules Sedney Port of Paramaribo, Suriname. It said that the objective of the...

HOUSTON--(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) will issue a press release reporting its fourth quarter and full year 2023 results on Monday, February 26, 2024, after the close of business. The press release and associated slide presentation...

The global upstream industry is eyeing a rebound in high-impact oil and gas drilling in 2024, with Africa and Latin America poised to be the driving forces behind these activities. According to Rystad Energy, a total of 36 high-impact...

President Joe Biden hit pause on LNG project approvals in the U.S., under pressure from climate activists. Talk of widening that net globally has emerged, to include projects seeking U.S. support. A Jan. 26 article by The New York Times...

Ghana's Sentuo Oil Refinery has pledged to train 12 Guyanese engineers or engineering students. The commitment was made following President Irfaan Ali’s official visit, during which he attended the refinery’s Jan. 26 commissioning. Guyanese engineers are a highly sought-after...

Brazilian state-owned oil and gas company Petrobras said it has exceeded its strategic 2023-27 guidance, achieving new oil and gas production milestones in 2023.  Petrobras said it achieved a total oil and natural gas production of 2.78 million barrels of...

Essential and subsidiary Peoples to focus on core mission as regulated utility, continue supporting local innovations that provide region with safe, reliable, sustainable energyPITTSBURGH--(BUSINESS WIRE)--Essential Utilities, Inc. (NYSE: WTRG) today closed the sale of its three non-utility microgrid and...

QatarEnergy and Excelerate Energy (Excelerate) signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) for the supply of LNG from Qatar to Bangladesh.  Under the SPA, Excelerate will purchase up to one million tons per annum (MTPA)...