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Trump confirms three strikes, as U.S. anti-drug campaign ramps up

U.S. President Donald Trump said three anti-drug strikes have been conducted in the southern Caribbean targeting what he described as 'confirmed narcoterrorists from Venezuela'. Trump announced the strikes on his Truth Social account, sharing a video of the second deadly...

Guyana’s power demand hits record high at 221.3 megawattsĀ 

Guyana has recorded its highest-ever electricity demand this year, with peak consumption reaching 221.3 megawatts (MW) in September. The disclosure was made by Kesh Nandlall, Chief Executive Officer of Guyana Power and Light Inc. (GPL), during a visit to...

Wales Gas-to-Energy project accelerates with 120 day foundation plan

Guyana’s Gas-to-Energy project at Wales is entering a crucial phase as contractor Lindsayca Guyana pushes to complete all foundation works within 120 days. The project, which is now 68% finished, is being closely monitored by Prime Minister Brigadier (Ret’d)...

Bayphase aiding Guyana’s review of Exxon’s Hammerhead oil project

The Guyana government has engaged British consultancy Bayphase to help review ExxonMobil’s proposed Hammerhead oil development, Natural Resources Minister, Vickram Bharrat, said on Monday. In an invited comment, Bharrat told OilNOW the field development plan (FDP) for Hammerhead, ExxonMobil’s seventh...

Global subsea tree awards set to surpass 200 units in 2025, Westwood says

Subsea tree orders are on track to cross 200 units this year, according to Westwood’s Global Subsea Tree Tracker. The firm stated in a September 4 report that as of the end of August 2025, ā€œ108 subsea tree units...

Guyanese-American welder returns home to train Guyanese for oil and gas jobsĀ 

UPDATE: This article has been updated with additional information to reflect that Mohamed Ally is contracted with the School of the Nations to provide welding training for Guyanese. It also clarifies that the School of the Nations is the...

How exploration and production are governed in Suriname

PARAMARIBO, SURINAME – Suriname’s petroleum industry is governed by the Petroleum Law of 1990, enacted in 1991 (S.B. 1991 no. 7) and amended in 2001. This framework has shaped how oil and gas resources are managed, licensed and developed...

Ali names 25-member cabinet; Vickram Bharrat back at oil ministry

President Irfaan Ali of Guyana unveiled 25 ministerial Cabinet appointees on Saturday evening, as the government embarks on its new five-year term. ā€œThe work we’re about to embark on is for all of Guyana, every citizen. It’s to reach every...

Guyana oil fund swells past US$3.6 billion

Guyana received nearly US$213 million (GY$$44 billion) in oil revenues in August, according to the latest Natural Resource Fund (NRF) report published by the Bank of Guyana. The inflow reflects payments for an estimated three cargoes, each about one...

ExxonMobil’s Yellowtail startup strengthens upstream edge – Zacks Investment Research

Chicago-based firm, Zacks Investment Research, known for its independent investment analysis and the Zacks Rank system, has highlighted Exxon Mobil Corporation’s (XOM) success offshore Guyana as the foundation of what it calls a durable upstream moat (economic power).  In an...

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Eni, Repsol deal targets 645 mcf/d domestic supply at Venezuela’s Perla field ahead of 2031 exports

Eni and Repsol have reached an agreement with Venezuela to increase domestic gas supply from the Perla offshore field...