Latin America is emerging as a green powerhouse, with some of the strongest renewable capacity growth expected globally in the coming years, Rystad Energy said in a report on Tuesday. With auctions already adopted throughout Latin America, the Norway-based...

Authorities in Guyana said on Monday no revenue from the country’s growing Natural Resources Fund (NRF) account will be used for an emergency budget set to be presented this week. In December 2019, Guyana began producing oil at the ExxonMobil-operated...

Vice President of Guyana, Bharrat Jagdeo, said on Monday the government does not see the Payara Development project as a ‘make or break’ as it relates to benefits that would accrue to the South American country from its multi-billion...

As a result of the electoral impasse which delayed the swearing-in of the new government in Guyana by five months, investor confidence and trust in the new oil producing country has been severely damaged according to its new President,...

Chief Economist of the American Petroleum Institute (API) Dr Dean Foreman will make a presentation to the executive and membership of the Georgetown Chamber of Commerce and Industry (GCCI) on Tuesday September 1, 2020. Dr. Foreman will be presenting...

Natural gas from Guyana’s Stabroek Block can be piped to shore by the mid-2020s for the provision of cheap and cleaner electricity and production of valuable liquids such as propane (cooking gas) and butane. ExxonMobil Guyana President, Alistair Routledge, said...

Guyana’s private sector organisations recently met with ExxonMobil Guyana’s newly appointed President, Alistair Routledge, and Deedra Moe, the company’s Senior Director, Public and Government Affairs.   Shyam Nokta, President of the Guyana Manufacturing and Services Association; Captain Gerry Gouveia, Chairman...

The first group of Guyanese operations and maintenance trainees recently returned to the South American country after an extensive 18-month training programme in Canada organized by ExxonMobil Guyana. The company said in an update on Tuesday they will soon be...

The newly installed government in Guyana says it is seeking to change the country’s approach to oil and gas by ensuring benefits to Guyanese from the offshore resources are maximized. Officials of the now two-week old administration have said...

With a string of discoveries, ongoing exploration, and multiple targets yet to be drilled, Suriname is on the verge of becoming an offshore oil producer. State oil company, Staatsolie, says it hopes to see several objectives being achieved as the country moves...