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...

U.S. oil major ExxonMobil confirmed on Wednesday that a major ramp up offshore Guyana will see the company having the capacity to produce as much as 1.2 million barrels of oil per day by 2027. "Clearly our objective is to...

By Arthur Deakin - OilNOW For those that follow Guyana, the success rate and speed in which its oil resource has been developed is unprecedented. 11% of all conventional oil found in the world since 2015 has been off the...

ExxonMobil Guyana disclosed on Tuesday that it recently conducted an exercise to field test spill response equipment, processes, and team readiness. It said this exercise was intended to ensure readiness to respond in the unlikely event of an offshore...