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Governments in developing countries not ready to ‘kill off’ upstream investment...

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Governments have a lot to think about in 2021 says UK-based global consultancy group, Wood Mackenzie. Tougher fiscal terms could put countries at the...

Higher fluids sales in Guyana help bump up Halliburton Latin America...

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Halliburton reported quarterly results on Tuesday that exceeded analysts’ expectations posting a profit of 18 cents per share on revenue of $3.24 billion for...

Energy Chamber looking to play major role in Guyana oil &...

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The Guyana Oil and Gas Energy Chamber (GOGEC) says it plans to play a major role in the development of the country’s oil and...

Oil demand will continue to climb says analyst, sees 50-year window...

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Following the devastating effects of the coronavirus pandemic on the oil industry, multiple stakeholders have posited that the sector would never see pre-2019 oil...

Oil price projections remain uncertain, Guyana already warned not to spend...

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Extreme price volatility has been a key feature of the oil industry and can have a major impact on the ability of governments to...

Let local content policy be responsive to conditions on the ground,...

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Guyana has just entered its second year as an oil producing country and the question of how to maximize benefits for the local population...

Exxon has made 18 commercial discoveries out of 22 exploration wells...

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The success rate for finding commercial quantities of hydrocarbons offshore Guyana remains one of the highest in the oil and gas industry. Supported by...

Piping gas to shore brings major benefits, find the right investment...

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The Guyana government is forging ahead with its plan to land a gas pipeline onshore to produce cheaper, cleaner energy and create new economic...

Demand for Guyana’s low-sulphur crude will grow in 2021, expert says

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As the world continues to move towards renewable sources of energy, demand for crude with low-sulphur content will continue to increase, placing producers like...

Giant oil finds in Guyana and Suriname point to major frontier...

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The recent giant discoveries made in the deep and ultra-deep waters of Guyana, Suriname and French Guyana have proven the existence of multiple active...