Friday, June 5, 2026
Friday, June 5, 2026
Oil & Gas
President Ali to deliver opening address at OTC 2026 PRNewswire - The Offshore Technology Conference (OTC) is honored to announce that His Excellency Dr. Mohamed Irfaan Ali, President of…
Guyana’s oil reserves remain at 11 billion barrels – Ministry clarifies SEC reporting frameworkThe Ministry of Natural Resources says Guyana’s current oil reserves estimate remains at approximately 11 billion barrels, consistent with figures…
ExxonMobil puts US$100 million behind President Ali’s STEM initiativeExxonMobil has contributed US$100 million (or more than G$20 billion) to a new initiative, part of President Dr Irfaan Ali’s…
New US$100 million ExxonMobil- Guyana STEM initiative launchedExxonMobil has launched a US$100 million science, technology, engineering, and mathematics (STEM) education initiative in Guyana, focused on teacher training,…
U.S. brings ‘fairness in price’ as interest grows in Guyana’s oil future – AmbassadorUnited States Ambassador to Guyana Nicole Theriot says American companies remain deeply invested in Guyana’s rapidly expanding oil and gas…
Second phase of Wales Gas-to-Energy project should move ahead this year – BrassingtonConstruction at the second phase of the Wales Gas-to-Energy project should start later this year as part of efforts to…
New Oil and Gas Operations law coming – NandlallAs Guyana expands its oil and gas sector, the underpinning legislative framework is expanding too, and the country’s Attorney General…
Exxon will seek authorisation for second gas project soon – RoutledgeAs the Government of Guyana aggressively pushes for more natural gas developments, oil giant ExxonMobil is expected to seek environmental…
Trinidad regrets not partnering more with Guyana, wants greater support now Expressing deep regret that previous Trinidadian governments did not do more to partner with emerging Caribbean oil producers, the twin-island…
At least 20 new areas to be included in updated Local Content lawGuyanese may be able to tap into additional areas of business carved out specifically for locals with the forthcoming revision…
Gas development: Exxon ready to match Guyana Govt’s pace of development The Irfaan Ali-led administration has fast-tracked oil development in Guyana, and now that the government is aggressively pushing for natural…
For Chevron, global energy needs still rising & Guyana is a key playerAmerican multinational company, Chevron is establishing itself in Guyana, and its Chief Executive Officer, Mike Wirth, believes that the tiny…
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…
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…
Gas-to-Energy project on track for year-end completionWork on Guyana’s landmark Gas-to-Energy (GTE) Project in Wales is steadily progressing, and it remains firmly on track for completion…
Bharrat ‘hopeful’ gov’t can ink oil contract with Guyanese women-led group before yearendMinister of Natural Resources, Vickram Bharrat, says negotiations with Sispro Inc. are progressing steadily, and he remains optimistic that a…
