Guyana is emerging as one of the world’s most strategically positioned oil producers. Expanding offshore reserves and easing geopolitical pressures are strengthening its position as a long-term energy powerhouse, according to Canadian energy strategist Steven Rowles.
Speaking on BNN Bloomberg...
Chevron is positioning itself for rapid growth in Venezuela as the United States signals support for renewed investment following the country’s political transition, with US President Donald Trump urging major oil companies to pour US$100 billion into expanding Venezuelan...
Oil production from Guyana’s Uaru field is expected to rise steadily after start-up, strengthening offshore supply over the medium term, according to S&P Global Energy CERA.
“…production at the ultra-deepwater Uaru field is estimated to begin in July at nearly...
ExxonMobil said market conditions and planned activities are expected to materially affect its fourth quarter 2025 results compared with the third quarter. This is according to a Form 8-K filing with the U.S. Securities and Exchange Commission on January...
Axess Group has secured a long-term Asset Integrity Management contract with Noble Corporation for operations offshore Guyana.
The agreement covers inspection and certification services for four Noble drillships operating in Guyana’s offshore basin. The work is aimed at supporting safety,...
The recent capture of Venezuelan President Nicolás Maduro and his wife by U.S. forces may reduce sustained pressure on Guyana, according to Guyana’s Agent in the World Court case with Venezuela, Carl Greenidge. He commented in an exclusive interview...
U.S. net imports of crude oil from Guyana rose to record levels in 2025, supported by rising offshore production and growing demand from U.S. refiners, according to data from the U.S. Energy Information Administration (EIA).
Based on EIA data for...
Guyana is set to rank second among the world’s largest new oil field start-ups in 2026, with first production from the Uaru field expected to begin this year.
According to S&P Global Energy CERA on January 5, eight of...
Guyana’s Minister of Natural Resources, Vickram Bharrat, has assured that offshore oil and gas exploration activities continue without a hitch. The assurance comes amid heightened geopolitical tensions in the region following the capture of Venezuelan President Nicolás Maduro by...
ExxonMobil Guyana Limited (EMGL) has issued a public Request for Information (RFI) as it plans to put in place a services agreement for tubular and accessories rental services to support its drilling campaign in Guyana.
The RFI aims to identify...
