The development of ExxonMobil’s projects and continued exploration success in the Stabroek Block is pushing the steady advancement of local capabilities and enhanced economic growth in Guyana.
In a press release on Monday, ExxonMobil revealed that since 2015, it has...
As Guyana prepares for construction to commence later this year on the Gas-to-Energy project, former Director of Economics at the Caribbean Development Bank (CDB), Dr. Justin Ram said the country would do well to make sure its natural gas...
Investments being made by CGX Resources Inc. in the county of Berbice are beginning to increase demand for various products and services. One large-scale business is taking advantage of the opportunity.
Rice mill giant, Nand Persaud & Company Ltd., is...
Authorities in Guyana simulated a tier two oil spill on Wednesday as it tested its national response mechanisms. A tier two response involves the mobilization of national and regional resources to respond – one notch above tier one, the...
The giant Prosperity FPSO, Guyana’s third oil production vessel, has left dry dock and is moving to quayside for the subsequent phases of the project set to deliver another 220,000 barrels of oil per day to the new oil...
NRG Holdings Incorporated conducted community engagements on March 25-26 for its landmark Port of Vreed-en-Hoop project. Residents from surrounding communities were given the opportunity to ask questions and raise concerns on the potential impact of the development. The activity...
(Reuters) - U.S. oil producer Exxon Mobil Corp is drilling in a new area offshore of Brazil that could have as much as 1 billion barrels of oil and gas, its partner Murphy Oil said on Tuesday.
If exploration is successful,...
Suriname has taken another stride towards rivaling emerging hydrocarbons powerhouse and neighbor Guyana after TotalEnergies revealed yet another oil and gas discovery on Block 58, its fifth on the prolific tract and Suriname’s sixth offshore, Rystad Energy said in...
Phase-out Pathways for Fossil Fuel Production - a 77-page analysis commissioned by an independent think tank, has determined that rich countries such as the United States of America (USA), Norway, and Saudi Arabia must exit oil production first to...
Guyanese geoscientist Ashlika Persaud says she has a deep desire, and that is to do right by her company – ExxonMobil - and her country, where the discovery of massive amounts of oil since 2015 has placed the South...
