Showing results for:

UPDATED: A guide to Guyana’s Gas-to-Energy project

Editor's note: This article was updated on November 25, 2025. It was first published on December 29, 2024. The Guyana government is working closely with a contractor to ensure the Gas-to-Energy project is completed for start-up in mid-2026, making...

Guyana’s next production milestone: 1.1 million barrels with Uaru development

Guyana is preparing for another major expansion of oil output, with the Uaru project set to start production in 2026. The development, located in the Stabroek Block, is the fifth project approved offshore the country.  It is expected to move...

Liza 1 production trending back to nameplate levels

ExxonMobil’s Liza 1 development offshore Guyana is trending back toward its original nameplate capacity of 120,000 barrels of oil per day (b/d), as output gradually declines from the peak rates achieved after two optimization campaigns, according to production data...

India buying Guyana oil displaced by oversupply in Europe

India is buying up some of Guyana's crude displaced by oversupply in Europe, according to analysts on an S&P Global Commodity Insights oil markets podcast published October 30. Europe, usually the largest buyer of Guyanese crude, has become saturated with...

Exxon affirms full transparency in disclosures of Guyana oil and gas finds

ExxonMobil Guyana Limited (EMGL) on Sunday rejected suggestions that it is concealing oil discoveries made in the offshore Stabroek Block, saying it has complied with all legal reporting requirements. The statement follows a story in local publication - Kaieteur News,...

Twenty-six TVET instructors earn NEBOSH certification through Greater Guyana Initiative

The Greater Guyana Initiative (GGI) marked a major step in building national safety capacity with the graduation of 26 participants from the NEBOSH International General Certificate programme. The ceremony was held at the Guyana Marriott Hotel on November 21. According...

Guyana’s four FPSOs set a new pace for deep-water oil development

The four floating production, storage and offloading vessels operating in the Stabroek Block have become the backbone of Guyana’s offshore industry, each larger and more advanced than the last.  Together, Liza Destiny, Liza Unity, Prosperity and ONE GUYANA have pushed...

Guyana oil fund gets US$228 million in October

Guyana received US$228 million (GY$48 billion) in oil revenues in October, according to the latest update on the operations of the Natural Resource Fund (NRF).  The month’s inflows to the Fund comprised US$83 million (GY$17 billion) in royalties from crude...

Guyana secures title as world’s largest oil producer per capita

Guyana has officially become the world’s largest oil producer per capita, a status long predicted since 2021 and now confirmed following the rise in national output to 900,000 barrels per day on November 12, 2025. The milestone was confirmed, following...

ExxonMobil advances AUV survey at Haimara field ahead of potential gas push

ExxonMobil Guyana Limited is pressing ahead with Autonomous Underwater Vehicle (AUV) survey operations at the Haimara Field in the south-eastern Stabroek Block.  The Maritime Administration Department said the exercise is scheduled to conclude on December 31, 2025, and will utilise...

Latest News

Return of Venezuelan crude could support Trinidad refinery revival – Energy Chamber 

The return of Venezuelan crude to international markets could support efforts to restart refinery operations in Trinidad and Tobago,...