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Whatever happens the oil will flow

The sheer magnitude of Guyana’s oil producing potential has been recognised by many international publications and industry experts. With ExxonMobil Guyana expecting to produce...

Hammerhead opened pathway to potential 10-billion-barrel province

Hammerhead, the 9th of 13 discoveries made so far off the oil-rich coast of Guyana, opened a new play in the Stabroek block that...

Guyana oil development unaffected by political tug-of-war

As political uncertainty in Guyana intensifies following a court ruling on Tuesday that paves the way for early elections, oil development offshore remains firmly...

Court ruling puts early elections back on front burner in oil-rich...

With Guyana being just months away from first oil, the country is also now facing an early election in just as little time.  On...

Guyana just months away from adding to South America’s O&G supply

Guyana will begin producing oil within months at a modest peak rate of 120,000 barrels per day but with a rapid acceleration that will...

BP CEO Bob Dudley sees solid oil demand growth despite fears...

(CNBC) BP is expecting solid growth in oil demand this year despite growing concerns about a global economic slowdown, CEO Bob Dudley said Tuesday. The British...

Venezuela oil exports slump to a 28-year low

Venezuela, once Latin America’s largest oil exporter, ended 2018 with a whimper as overseas sales dropped to the lowest in nearly three decades, Bloomberg...

Guyana’s tenth oil discovery makes her a future Latin American powerhouse

(Merco Press) Due to ExxonMobil’s run of success in oil exploration offshore Guyana, the country is on a path to becoming a Latin American...

‘Political developments’ won’t derail Guyana’s O&G preparations – Persaud

Guyana's former Minister of Natural Resources and the Environment Robert Persaud believes that the current trajectory that the country is on with regards to...

Guyana on track to produce 1 million bpd; could eventually surpass...

Oil and gas industry analyst Wood Mackenzie says Guyana could surpass Venezuela and Mexico in its oil production thanks to ExxonMobil’s run of success...