As oil producers in the Latin America region mull a balancing act between petroleum extraction and sustainability, Americas Market Intelligence has predicted that the all-time high oil price brought on by the Russian invasion of Ukraine will delay the...
Haifa University has bestowed geologist and Co-founder of Ratio Energy, Eitan Aizenberg with an honorary doctorate for his contribution and groundbreaking work in the field of geology, which has made a valuable contribution to the State of Israel.
In 1992,...
ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) on Wednesday told reporters that in the very unlikely event a major accident such as an oil spill occurs at the offshore Stabroek Block, the consortium has the technical and...
Between December 2019 when oil production started in Guyana, and the end of 2021, the country had received around US$608 million from a total of 9 oil lifts averaging 1 million barrels each, and royalty payments. But what Guyana...
ExxonMobil said in a statement commemorating International Women’s Day on Tuesday that 800 women are supporting its activities in Guyana. The U.S. oil major has found over 10 billion barrels of oil equivalent in the South American country since...
Guyana announced on Tuesday that it made a submission to the International Court of Justice (ICJ) in its border controversy with Venezuela. The submission is its memorial on the merits of its case - the Arbitral Award of 1899...
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...
When Canadian-based exploration company CGX Energy Inc. announced on January 31, 2022, that it had landed a discovery at the Kawa-1 well, industry stakeholders were excited. It was anticipated that Guyana was now closer to having another major production...
CGX Energy said in a statement released on Wednesday that it has safely completed exploration activities at the Kawa-1 well. The well has now been safely plugged and abandoned and the Maersk Discoverer drilling rig has been released from...
ExxonMobil Guyana said Wednesday a document presented to the Environmental Protection Agency (EPA), as referenced by the former Executive Director Dr. Vincent Adams, detailed specific insurance policies for the development of the Liza 1 and 2 projects.
This statement follows...
