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Venezuela’s PDVSA to offer alternative heavy crudes

(S&P Global Platts) Venezuelan state-owned PDVSA will offer from October in the international market the upgraded heavy crudes Morichal 16, Zuata Sweet and Hamaca Special Blend to compensate for the fall in the production of Merey, which is its...

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...

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...

Liza Crude perfect for making jet fuel, high demand products – O&G expert

Updated August 27, 2021 The oil being produced at the Liza field offshore the South American country of Guyana is being described as ‘clean good quality oil’ by an expert in the field who said this, together with some other...

From Tina to Liza – the floater that made Guyana an oil producer

The vessel that produced Guyana’s first barrel of oil on December 20, 2019, marking the start of a journey for the South American country that will see it becoming a major producer this decade, was converted from a ship...

Huge success for Guyana this year at largest oil conference in the world

Guyana was well represented at this year’s Offshore Technology Conference (OTC) by a delegation comprising companies, government agencies and business groups that left their mark at the Houston, Texas event where interest in the new oil producing country was...

Guyanese company offering ‘new age logistics with old world knowledge’

Symmetry Brokerage and Logistics Service Incorporated (SBLS) is a fully owned and operated Guyanese company. Led by Chief Executive Officer, Lloyd Bart, it is raising the bar and setting the standard for Guyanese brokerage and logistics companies, particularly those...

DAI supports flood relief efforts in Guyana

Local and international employees of development company DAI donated 70 hampers consisting of food and hygiene products to the Civil Defence Commission (CDC) in Guyana on Friday. The products, such as rice, sugar, hand soap, sanitary napkins and other...

Guyana government seeking project manager, senior engineer for gas-to-energy project

The Guyana government is moving to build a workforce for its signature US$900 million gas-to-energy project being developed in partnership with ExxonMobil, set to come on stream by 2024. The Ministry of Natural Resources in a notice on Tuesday...

TotalEnergies aiming to prioritize low carbon intensity in new oil & gas projects

(S&P Global Platts) France's TotalEnergies will specifically assess the carbon intensity of hydrocarbon projects while deciding on investment plans, as part of its ambitious decarbonization strategy, the company's CEO and Chairman Patrick Pouyanne said July 29. Pouyanne, speaking on a...

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PPP/C outlines Energy Priorities: Gas-to-Energy, Local Content, post-oil planning

Maintaining Guyana’s “favorable” fiscal regime with no increase in royalties and bringing the Gas-to-Energy project online are among the...