Americas Market Intelligence (AMI) expects Guyana to benefit most from the rising oil price in 2022, compared to its neighbours in Latin America. The Latin American business intelligence and research firm recently released its Latin America Energy Sector 2022: The Good,...

Guyana’s Natural Resource Fund may receive a windfall from the current record high oil prices, but the rising prices are beginning to affect the country’s pockets in other ways. Guyana Power & Light Inc. (GPL), the country’s electricity provider, shared...

Members of CGX Energy Inc.’s management team have sought to clarify that while the Kawa-1 well has been plugged and abandoned, with no intent to return to the site, appraisal work is on the cards for the future. Exploration Manager,...

Guyana’s Attorney General (AG), Anil Nandlall said in an interview last week the government’s development agenda, which includes full support for the offshore oil and gas operations, will not slow down even though some sections of the society seem...

Most of the challenges faced by oil and gas producing countries are those that lie above the ground in the form of policy decisions being made by the host nation. One expert says this will be the biggest challenge...

The unprecedented oil and gas discoveries unfolding in the Guyana-Suriname basin are of historic proportions and make the region stand out as one of the most exciting hot spots the industry has seen in decades. “The Liza-1 well will be...

The new oil producing South American country of Guyana can use its growing international clout to advocate for regional interest. This is the view of Wazim Mowla, a Guyanese American and assistant director of the Caribbean Initiative at the...

Guyana’s landmark gas-to-energy project which will see a 225 km pipeline landing onshore from massive oil and gas production installations at the ExxonMobil-operated Stabroek Block will come online as other countries around the world also look to ramp up...

By Jerry Haar and Siddharth Upadhyay – OilNOW There is no doubt that Guyana is poised to become the Saudi Arabia of South America. As reported in OilNOW late last year, ExxonMobil—the largest oil company operating in Guyana—announced that since...

A venture between 3t EnerMech and Orinduik Development Incorporated Training Centre will deliver Guyana’s first in-country, state-of-the-art training facility for the local workforce, supporting the development of the country’s fast growing offshore oil and gas sector. 3t EnerMech said...