In the final week and a half of April 2025, Guyana’s offshore oil production witnessed an uptick, with both the Liza 2 and Payara projects averaging approximately 260,000 barrels per day (b/d) each. This indicates that ExxonMobil, the operator...
Guyanese are resilient in the face of adversity. They are a spirited people, with deep cultural roots and a strong sense of national identity. This much was showcased tenfold today. Love of country was high.
In Venezuela, Nicolas Maduro’s election...
Sweden received the highest number of crude oil cargoes from Guyana in April 2025, according to vessel tracking intelligence provided by OilX, a firm specializing in global oil flow analytics.
Four shipments were delivered to Sweden during the month —...
A high-stakes arbitration hearing over Chevron’s proposed $53 billion acquisition of Hess Corporation is set to begin Monday in London. The hearing will focus on a prized 30% stake in Guyana’s Stabroek Block, according to a Reuters report.
The confidential...
Guyana has nominated multiple candidates for the role of sole expert to resolve a dispute with ExxonMobil and its partners over US$214 million in expenses claimed for oil operations in the offshore Stabroek Block, the Natural Resources Ministry said...
Guyana’s Vice President Bharrat Jagdeo on Wednesday pushed back against claims that the country is flush with oil wealth, asserting that revenues from the sector fund only a fraction of national spending.
Speaking at the annual National Toshaos Council Conference,...
President Irfaan Ali on Tuesday said Guyana remains “83,000 square miles proud and strong, unshakable, unbreakable,” as Venezuela pushes ahead with plans to stage elections in the disputed Essequibo region.
“We are respectful of international order, international rule of law,”...
U.S. Ambassador to Guyana, Nicole Theriot, has issued a strong call backing the Guyana Defence Force (GDF) and condemning the criminal elements allegedly tied to Venezuela’s sindicato gangs, who opened fire on GDF patrols along the Cuyuni River last...
In Management Themes (Part 4), we completed our discussion on exploration and discovery. Through the provisions of the Petroleum Activities Act 17 of 2023 (the ‘PAA’) we noted that a discovery can be (i) of no potential commercial interest...
Ever thought about what 21st-century Guyana would look like? Modern infrastructure, advanced technology, perhaps.
Whatever the vision, though, natural gas is expected to be at the center of it all, according to Senior Vice President for Deepwater at ExxonMobil Upstream...
