Friday, June 5, 2026
Friday, June 5, 2026
Oil & Gas
Exxon boosts forecast, aims for US$25 billion earnings growth by 2030(Reuters) - Exxon Mobil is targeting $25 billion in earnings growth from 2024 to 2030 and will increase oil and…
US$17M signing bonus as Ghanaian firm gets shallow block offshore GuyanaGuyana’s rapidly growing oil and gas sector reached a new milestone on Tuesday with the signing of a new Production…
Work hours extended to keep flagship gas-to-energy project on track for 2026Overtime work is being put in daily on the gas-to-energy project as the government and the main contractor move to…
Guyana to sign new offshore oil deal with Cybele for S7 shallow-water blockMinister of Natural Resources Vickram Bharrat on Friday confirmed that the government will sign an agreement with Cybele Energy Limited,…
Guyana Energy Expo 2026 to be defining moment for energy, manufacturing sectorsThe Guyana Energy Conference and Supply Chain Expo 2026 is shaping up to be one of the most significant events…
Finance Minister assures economy built for resilience amid oil price volatilityAs global oil prices trend downward, Finance Minister Dr Ashni Singh has assured that Guyana’s macroeconomic framework has been deliberately…
ExxonMobil opens Gas-to-Energy project to public for safety briefings and community interactionExxonMobil Guyana Limited (EMGL) on Saturday opened its Gas-to-Energy (GtE) Pipeline project to the public at Westminster Secondary School, West…
Ministry of Natural Resources responds to Policy Forum GuyanaSee below the full release from the Ministry of Natural Resources: The ongoing allegations by Policy Forum Guyana (PFG) regarding…
S4 Petroleum Agreement, Petroleum Exploration Licence publicly availableSee below full media release: The Ministry of Natural Resources announces that the Petroleum Agreement and the Petroleum Exploration Licence…
Guyana’s daily oil production hits 900,000 barrels ExxonMobil Guyana Limited and its Stabroek block co-venturers, Hess Guyana Exploration Limited, and CNOOC Petroleum Guyana Limited, today announced that…
‘Trees will not stand while people fall’ – Guyana among the best-managed oil sectors globally — BharratMinister of Natural Resources, Vickram Bharrat, on Tuesday declared that Guyana now stands among the best-managed new oil-producing nations in…
Guyana secures US$15M signing bonus as first petroleum agreement inked under new legislative frameworkGuyana has officially signed its first Production Sharing Agreement (PSA) under the country’s new Petroleum Activities Act and updated fiscal…
Energy transition must be fair, not protect the rich – President AliAs the world grapples with the escalating climate crisis, Guyana’s President Dr. Irfaan Ali has reaffirmed the need for countries…
Billions earned from profit oil, royalties in first half of 2025 Guyana received US$1.05 billion as revenue from its share of profit oil in the first six months of 2025 and…
Indian refiners make rare purchases of Guyanese grades(Reuters) - Two Indian refiners have bought 4 million barrels of Guyanese crude oil from U.S. major Exxon Mobil to…
Liquefied natural gas monetisation remains a priority for Guyana – Jagdeo affirms Vice President and PPP/C General Secretary Dr. Bharrat Jagdeo clarified on Thursday that the government remains committed to monetising Guyana’s…
Exxon eyes approval for eighth project, Longtail, in 2026The gas-rich development, Longtail, is the next project ExxonMobil and its coventurers in the Stabroek Block are seeking approval for,…
