Oil & Gas
ExxonMobil Guyana completes purchase of ‘One Guyana’ FPSO ExxonMobil Guyana Ltd has completed the purchase of FPSO ONE GUYANA from SBM Offshore, finalising the transaction ahead of the unit’s maximum lease term, which was due to expire in August 2027. The completion was announced on Tuesday in Amsterdam, with SBM Offshore confirming that ExxonMobil Guyana will now assume ownership of the floating production,...
BUDGET 2026: Massive $119.4 billion allocation for continued ‘overhaul’ of energy sector Continued investments in the Gas-to-Energy project, a major expansion of the power lines and GPL’s overall electricity grid, and more...
BUDGET 2026: With 260 lifts, oil fund closes 2025 at US$3.25BGuyana’s Natural Resource Fund (NRF) recorded inflows of more than US$2.4 billion in 2025, driven by increased crude oil production...
‘Building for the future’: US$422M in contracts inked for transmission lines needed for Gas-to-Energy ProjectContracts worth a whopping US$422 million were signed on Friday for the extension of transmission lines for the Guyana Power...
US orders wind down of Chevron’s oil exports from Venezuela in 30 days(Reuters) – The Trump administration said on Tuesday it was ending a license that the U.S. has granted to U.S....
Guyana waiting for Exxon’s gas development plans until end of March(Reuters) – Guyana’s government expects a consortium led by U.S. oil major Exxon Mobil to brief officials by the end of...
CNOOC and China Medical Team donation bolsters GPHC with advanced surgical imaging systemThe Georgetown Public Hospital Corporation (GPHC) received a state-of-the-art surgical imaging system, marking a new phase in medical collaboration between...
From alumina production to powering data centers, Exxon exploring options for gas useSignificant gas reserves were found offshore Guyana and President of ExxonMobil Guyana, Alistair Routledge, has said the company is exploring...
With US$1 billion financing offer, Afreximbank pushes for greater involvement in Guyana’s oil industryBy Kurt Campbell kurt@newsroom.stagingsites.cc At the opening of the 2025 Guyana Energy Conference and Supply Chain Expo on Tuesday, Professor...
St. Rose’s CAPE student wins US$10,000 scholarship at Energy Conference Essay CompetitionMadelene Suharsono, a 17-year-old Caribbean Advanced Proficiency Examination (CAPE) at St. Rose’s High School has secured a US$10,000 scholarship after...
Gas-to-Energy project: Double the amount of gas available – Exxon officialJ. Hunter Farris, the Senior Vice President- Deep Water at ExxonMobil, on Tuesday, confirmed that additional associated gas resources exist...
Guyana wants to save big with new refined fuels deal with US companyA United States (US) company has proposed a venture in refined fuels to the Government of Guyana, a move that...
Dominican Republic ready to finalise new oil exploration agreement with GuyanaThe Dominican Republic is set to finalise a new oil exploration agreement with Guyana sometime this year, according to the...
Agriculture’s role in Guyana’s diversification agenda highlighted at first Energy Conference VillageDespite a heavy focus on oil and gas, agriculture remains a key pillar of Guyana’s economic diversification agenda. This was...
Oil Auction Block: Exxon ‘working diligently’ with gov’t to conclude agreement for shallow blockAn ExxonMobil-led consortium is still locked in discussions with the Government of Guyana for a shallow water block offshore the...
Guyana issues 30-day notice to cancel Frontera, CGX Energy’s license(Reuters) – Guyana’s government has given a CGX Energy and Frontera Energy joint venture a 30-day cancellation notice of its...
Exxon seeking authorisation for eighth project offshore Guyana, optimistic about gas reservesExxonMobil Guyana and its co-venturers in the prolific Stabroek Block are seeking environmental authorisation for another project, Longtail, from the...
‘Front-row seat’ at development talks for UG studentsSee below full press release from the Guyana Energy Conference & Supply Chain Expo: The Guyana Energy Conference & Supply...
$1.38 trillion budget passedBy Vishani Ragobeer vishani@newsroom.stagingsites.cc The $1.38 trillion National Budget for 2025 was passed without changes on Wednesday night. The Appropriation...
As Suriname prepares for oil boom, Guyana’s President says ‘work with us’Exciting developments are unfolding in Suriname following last year’s announcement of a substantial US$10.5 billion investment in the country’s Block...
Gas-to-Energy project: Parties to decide on arbitrationSee below the full release from the Office of the President: As has been widely reported in the media, certain...
