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Ramp up in oil production to result in ‘high rates of...

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With Guyana currently having over US$200 million in its Natural Resources Fund (NRF) from oil exports and royalty, the government anticipates that the ramp...

Onshore producers have higher carbon intensity says Rystad Energy in new...

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The carbon footprint of exploration and production companies (E&Ps) is having an increasing impact on investment levels, access to capital and – in some...

Guyana government intensifies call for oil not to be seen as...

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The Government of Guyana is continuing to place emphasis on the diversification of the economy as part of efforts to ensure the emerging oil...

Guyana will be lifting 4th oil cargo as second pandemic wave...

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Oil prices continued to slide on Tuesday as concerns grow about the resurgence of coronavirus cases around the world which could stymie a recovery...

IDB paper urges caution as Guyana’s growth set to skyrocket

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The start of oil production in Guyana last year has increased the urgency with which the South American country’s institutional capacity and...

ExxonMobil limiting oil production after encountering additional challenges with gas compressor

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Additional challenges with the gas handling system on the Liza Destiny FPSO has resulted in ExxonMobil taking a decision to limit oil...

Venezuela’s oil exports stagnant in July at below 400,000 bpd –...

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(Reuters) - Venezuela exported about 388,100 barrels per day of crude and fuel in July, almost unchanged versus the previous month, as U.S. sanctions...

Oil and gas project sanctioning set for staggering decline in 2020

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Global project sanctioning is set for a staggering decline this year of over 75% from 2019 levels, as the COVID-19 pandemic has caused E&P...

Guyana being urged to use oil revenue in its push to...

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The South American county of Guyana is being urged to use its oil revenue to further green initiatives as the region and world continue...

Guyana begins to earn interest on oil revenue

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With close to US$100 million sitting in its Natural Resources Fund (NRF) account at the Federal Reserve Bank of New York, new oil producer...