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Exxon in search of Quayside and Laydown Area on West Bank of Demerara River

ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) has put out a Request for Information (RFI) seeking detailed operational and technical information from suppliers for meeting its bid selection requirements for a Quayside and Laydown Area on the...

EPA collected around GY$400M in payments for flaring from ExxonMobil – Parsram

Guyana's Environmental Protection Agency (EPA) has collected approximately GY$400M in payments from ExxonMobil for flaring to date. Head of the agency, Kemraj Parsram, made the disclosure on Thursday during a local radio programme - Guyana’s Oil and You. This follows...

Real time technology will soon be used to monitor flaring, produced water – EPA Head

The Environmental Protection Agency (EPA) will soon implement a real-time technology system that will allow it to monitor flaring levels and the amount of produced water being dumped into the ocean by oil companies operating offshore Guyana says Executive...

Uncompetitive fiscal regimes, poor reservoir quality behind stalled development of over 11 billion barrels of oil

Updated September 2, 2021 A study by Westwood Global Energy Group shows that 11 billion barrels of oil and 36 billion barrels of oil equivalent (boe) gas in 119 discoveries - >100 million boe in size - made between 2008...

Oil exports remain key driver of Guyana’s GDP, says IDB in latest report

The main driver of Guyana’s GDP in the medium term continues to be oil exports, which the International Monetary Fund (IMF) estimates will represent 38.2 percent of GDP in the 2020 –2021 period. This is according to the Inter-American...

Louisiana economic groups, GCCI talk up major trade mission

Participants from the state of Louisiana Economic Development (LED) international department, the South Lafourche parish economic department and the Greater Lafourche Port Commission met with representatives of Guyana’s Georgetown Chamber of Commerce and Industry (GCCI) last month on the sidelines...

Ali urges AmCham to aggressively represent Guyana’s interest in U.S. market

Guyana’s President, Dr. Mohamed Irfaan Ali on Wednesday told members of the American Chamber of Commerce (AmCham) Guyana that he is looking forward to them championing the country’s quest in the removal of barriers to trade. According to a press...

Oil edges up ahead of OPEC+ meeting

(Reuters) - Oil prices rose on Wednesday before an OPEC+ meeting in which the producer club is expected to stick to a plan to add 400,000 barrels per day (bpd) each month through to December. The Organization of the Petroleum...

Investors already showing interest in massive industrial operations as cheaper power looms – GO-Invest

As the Government of Guyana pushes ahead with the planning and groundwork for the US$900 million gas-to-energy project, Chief Executive Officer of the Guyana Office for Investment (GO-Invest), Dr. Peter Ramsaroop, says the agency is welcoming investors who can...

Hess will plug another US$150 million from Denmark asset sale into Guyana

INEOS E&P A/S, which is a part of INEOS Energy said on Monday it has completed the previously announced agreement to acquire the subsidiary HESS Denmark ApS. for a total consideration of $150 million, effective January 1, 2021. Hess will...

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Halliburton Latin America revenue up 22% to US$1.1 billion in Q1 2026

Halliburton reported stronger performance in Latin America in the first quarter of 2026, with revenue rising 22% year over...