Guyana’s Senior Finance Minister, Dr. Ashni Singh, told a large delegation from Saudi Arabia on Saturday that government now projects the South American nation’s economy will grow 57.8% in 2022. The government had projected 47.5% growth in Budget 2022, but that was...

With a delegation of over 40 private sector and government representatives arrived in Georgetown from Saudi Arabia Saturday, the Kingdom is marketing itself to Guyana as a knowledgeable energy partner. Its Deputy Minister for Investors Outreach, Badr Al Badr, said...

Dominic Gaskin, who served as Guyana's Minister of Business under the previous administration, says Guyana’s take from oil production activities at the Stabroek Block will increase in the future. Mr. Gaskin made this comment in a letter published in the...

Despite the massive socioeconomic and energy benefits expected from the upcoming East African Crude Oil Pipeline (EACOP), western environmentalist groups are calling for the abandonment of the project. In light of this, Executive Chairman of the African Energy Chamber...

QatarEnergy has now added oil supermajor Shell as a joint venture (JV) partner in its mega North Field East liquefied natural gas (LNG) project. Shell will hold a 25% stake in the JV company that will own 25% of the North Field East (NFE) expansion...

CGX Energy has appointed a new Chief Financial Officer (CFO) and an Exploration Manager (EM) as the company gears up to drill the Wei-1 well in the Corentyne Block, offshore Guyana. According to the company’s announcement on Monday, Mr. George...

In just seven years Guyana has moved from a frontier area to South America’s hottest new oil province and emerging energy hub, all as a result of an unprecedented series of discoveries made by ExxonMobil off the country’s coast...

The transformation of Guyana through revenues being generated from massive oil and gas production operations taking place off the country’s coast is underway. ExxonMobil, operator at the largest offshore block, along with co-venturers Hess and CNOOC, says being an...

Energy security, job creation, community development and wider socio-economic growth are just some of the benefits set to accrue from the development of the East Africa Crude Pipeline (EACOP) by 2030. The EACOP – also known as the Uganda-Tanzania crude...

Three Hezbollah drones that appeared to be heading for Energean’s new FPSO have been shot down by Israeli forces. The FPSO recently arrived in the Mediterranean Sea for operations at the Karish gas field. Just weeks ago, Lebanon warned Israel against...