(Reuters) Oil markets climbed for a sixth day on Tuesday, reversing earlier losses, on fears over tight supply while surging prices of liquefied natural gas (LNG) and coal also lent support.
Brent crude futures gained $1.05, or 1.3%, to $80.58...
Chinese state-owned oil and gas company CNOOC is raising 35 billion yuan ($5.41 billion) in a new share issue on the Shanghai stock exchange to fund several key oil and gas projects including Payara, offshore Guyana, where it has...
The Environmental Protection Agency (EPA) in Guyana is scheduled to hold a public hearing next month on ExxonMobil’s proposed 12-well exploration and appraisal drilling programme which is targeting start-up in 2022.
The EPA said in a notice on Friday the...
China is looking to pump up oil and gas production in the years ahead to meet climbing domestic demand and reduce the record-high share of imports in its oil consumption. A Rystad Energy report projects a surge in spending...
A growing number of companies operating in Guyana’s oil and gas industry are moving more of their supply operations from Trinidad and Tobago and other locations to the South American country, as local capacity to execute projects increase.
ExxonMobil Guyana...
Touchstone Exploration Inc. announced on Friday that it has completed drilling the Royston-1 exploration well and is pleased to announce that the well encountered substantial hydrocarbon accumulations based on drilling and wireline log data.
Royston-1 was drilled to a total...
Despite the challenges of the COVID-19 pandemic and growing pains related to oil production in a new area, analysts say Guyana offshore activities will remain robust and continue to grow.
Speaking on a podcast focusing on upstream developments offshore Guyana...
President of the Guyana Oil and Gas Energy Chamber (GOGEC), Manniram Prashad, said on Monday the organisation welcomes the comments made by President of ExxonMobil Guyana, Alistair Routledge, that by next year the company is moving almost all its...
The first batch of Guyanese women entrepreneurs participated over the weekend in a bootcamp organised by the Centre for Local Business Development under its Accelerate-Her programme. This programme is funded by ExxonMobil Guyana and Stabroek Block co-venturers Hess and...
By A. Bacchus – OilNOW
There’s a national song that I recited weekly in school, with a chorus that has over the years been used as a motto for quite a few movements— “Can we do it? Yes, we can.” ...
