From record-setting production in Guyana to shifting energy fortunes in Trinidad and Tobago and a sharp turn in U.S.–Venezuela relations, 2025 was a year of heightened regional focus for the oil and gas sector.
OilNOW’s top stories of the year,...
Guyana’s President Irfaan Ali signaled the last quarter of 2026 as the start date for the Gas-to-Energy project.
“We are hoping by the last quarter of 2026, the Gas-to-Energy project will be in a position to deliver,” the President said...
ExxonMobil Guyana Limited plans to establish a services agreement for the provision of one or more DP2 chemical carrier vessels or platform supply vessels to support operations in the Georgetown area.
The company issued a Request for Information to identify...
ExxonMobil’s Yellowtail offshore oil project in Guyana averaged 258,000 barrels per day (b/d) in November, according to newly released government data.
Total offshore output across the four producing developments in Guyana’s Stabroek Block averaged about 894,000 b/d in November, up...
Guyana’s total revenues from oil production have climbed to over US$8 billion since output began in December 2019, bolstered by rising production from offshore projects operated by ExxonMobil.
Cumulative revenues from oil sales and royalties exceeded US$8.25 billion, according to...
Guyana’s Natural Resource Fund is the country’s sovereign wealth fund. It is the legal vehicle through which revenues from oil production are collected, saved, and transferred into the national budget.
All government earnings from offshore petroleum production flow first...
ExxonMobil Guyana has won the Corporate Citizenship Award from the Georgetown Chamber of Commerce and Industry (GCCI), the company’s President Alistair Routledge said on Tuesday in a LinkedIn post.
“ExxonMobil Guyana Ltd exemplifies ethical leadership, strong corporate governance and meaningful...
U.S. oilfield equipment maker NOV Inc. announced that it won a third-quarter contract from ExxonMobil Guyana to supply an actively heated flexible pipe system for the Hammerhead field development offshore Guyana.
NOV said the scope of work includes the design,...
Independent energy consultant and reservoir engineer Les Anthony said more than 180 million barrels of oil remain recoverable from ExxonMobil’s Liza 1 project offshore Guyana, even as production from the country’s first oil development shows signs of decline after...
Guyana’s crude oil production for the full year is on track to average between 700,000 and 725,000 barrels per day (b/d), after the Yellowtail project lifted output to 900,000 b/d in the latter half of the year.
Government data reviewed...
