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Guyana must decide on pace of oil development – money now...

Director of Guyana’s Department of Energy (DE), Dr. Mark Bynoe says the South American country of Guyana faces some tough decisions going forward as...

After peaking in 2020 offshore oil will face slowdown

(Bloomberg) Offshore oil production is expected to hit a peak in 2020 before joining the shale industry in a slowdown that could dramatically rewrite market supply...

Oil industry needs to provide climate campaigners with hard economic facts...

Oil production is driven by demand – in large part from people and economies in the developing world. US-based S&P Global said in an...

Guyana revenue take will increase as oil production climbs

The projected revenues the South American country of Guyana is set to receive from oil production have been steadily growing since approval of the...

Small oil-and-gas companies get cold shoulder from large banks

(Reuters) - The largest banking lenders to the oil and gas sector are becoming more cautious, marking down their expectations for oil and gas...

Shared vision for oil money will open pathway to prosperity

With just over 750,000 people, Guyana – South America’s newest petroleum hotspot – will begin producing oil within months and with over 6 billion...

First major job of post-election gov’t in Guyana is to build...

The South American country of Guyana, where US oil major ExxonMobil has so far found more than 6 billion barrels of oil equivalent, is...

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...