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Oil & Gas

Oil production starts at ‘ONE GUYANA’ vessel 
  • Oil & Gas
  • Politics
Aug 8, 2025 1 Min Read
Oil production starts at ‘ONE GUYANA’ vessel 

See below the full release from the Ministry of Natural Resources:  August 8, 2025- The Government of Guyana is pleased to announce that first oil has been achieved from the…

Gas-to-Energy project moves ahead as company changes name to Lindsayca Guyana  
  • Oil & Gas
Aug 4, 2025 1 Min Read
Gas-to-Energy project moves ahead as company changes name to Lindsayca Guyana  

The transformative Gas-to-Energy project in Guyana continues to advance steadily, with construction, equipment delivery, and logistics all proceeding in line with the established timeline, the company leading the project said…

Four more Guyanese awarded Petroleum Sciences scholarships
  • Business
  • Education
  • Oil & Gas
Jul 28, 2025 1 Min Read
Four more Guyanese awarded Petroleum Sciences scholarships

For the third year in succession, four top Guyanese students have been awarded scholarships to study Petroleum Sciences at leading Chinese universities. This year’s scholars are Una Herman, Anna Jeffers,…

Guyana’s second oil auction could be next year
  • Oil & Gas
  • Politics
Jul 17, 2025 1 Min Read
Guyana’s second oil auction could be next year

A second auction for oil blocks offshore Guyana could be held in 2026, according to Vice President Dr. Bharrat Jagdeo. However, the government wants to complete seismic surveys offshore before…

President Ali warns citizens not to be bribed: ‘Your vote is your dignity’
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Jul 13, 2025 1 Min Read
President Ali warns citizens not to be bribed: ‘Your vote is your dignity’

President Dr Irfaan Ali Sunday evening issued a strong warning against attempts to buy votes, describing such efforts as an insult to the dignity of every Guyanese, and warned citizens…

ExxonMobil Guyana relinquishes 20% of Stabroek Block
  • Oil & Gas
Jul 5, 2025 1 Min Read
ExxonMobil Guyana relinquishes 20% of Stabroek Block

The Ministry of Natural Resources announced on Wednesday that ExxonMobil Guyana Limited (EMGL) has officially relinquished 20 per cent of the Stabroek Block. ‘Relinquishment,’ outlined in the 2016 Production Sharing…

MODEC recruited 18 Guyanese, spent US$3.4 million on local suppliers in 2024 
  • Oil & Gas
Jun 20, 2025 1 Min Read
MODEC recruited 18 Guyanese, spent US$3.4 million on local suppliers in 2024 

MODEC, a solutions provider in the oil and gas sector, stated that it recruited 18 Guyanese and spent approximately US$3.4 million (or approximately G$709.5 million) on goods and services from…

New Women in Energy Board of Directors elected 
  • Business
  • Oil & Gas
Jun 19, 2025 1 Min Read
New Women in Energy Board of Directors elected 

See below the full release:  Women in Energy (WIE) Guyana proudly announces its newly elected Board of Directors for the 2025–2026 term. This new board brings together a powerful and…

India believes it has ‘Guyana-like’ potential in oil sector 
  • Oil & Gas
Jun 16, 2025 1 Min Read
India believes it has ‘Guyana-like’ potential in oil sector 

India is expanding oil and gas production in the Andaman region, an area the government believes holds huge reserves similar to those in Guyana. The country's Minister of Petroleum and…

Backup energy storage system to support Gas-to-Energy project arrives
  • Business
  • Oil & Gas
Jun 13, 2025 1 Min Read
Backup energy storage system to support Gas-to-Energy project arrives

Georgetown, Guyana. June 13, 2025 - LNDCH4 Guyana is pleased to announce the arrival of the Backup Battery Storage System (BESS), which landed at the John Fernandes wharf today. The…

Guyana should get about US$10 billion annually from oil production in a few years
  • Business
  • Oil & Gas
Jun 5, 2025 1 Min Read
Guyana should get about US$10 billion annually from oil production in a few years

By the end of the decade, Guyana should get about US$10 billion (or about G$2 trillion) annually from royalties and its share of oil profits due to production in the…

ExxonMobil’s 2024 profit in Guyana nears G$1 trillion
  • Oil & Gas
Jun 3, 2025 1 Min Read
ExxonMobil’s 2024 profit in Guyana nears G$1 trillion

ExxonMobil Guyana Limited (EMGL), the operator of the lucrative Stabroek Block offshore Guyana, earned G$995.1 billion in profits at the end of 2024. This was revealed in the company’s income…

Gov’t disputes over US$279 million in Stabroek Block oil expenses following cost recovery audits
  • Oil & Gas
May 22, 2025 1 Min Read
Gov’t disputes over US$279 million in Stabroek Block oil expenses following cost recovery audits

The Ministry of Natural Resources has issued a comprehensive update on the status of three audits into the expenses claimed by ExxonMobil and its co-venturers in the Stabroek Block, part…

Oil Pollution Bill passed in National Assembly
  • Oil & Gas
  • Politics
May 17, 2025 1 Min Read
Oil Pollution Bill passed in National Assembly

Championing the newest piece of legislation regulating the operations of oil extraction, Prime Minister Brigadier (Ret’d) Mark Phillips, declared that the new oil pollution Bill is necessary for the protection…

Gov’t to table landmark ‘Oil Spill’ Bill in National Assembly next Monday
  • Oil & Gas
Apr 24, 2025 1 Min Read
Gov’t to table landmark ‘Oil Spill’ Bill in National Assembly next Monday

The government will table the long-anticipated Oil Pollution, Prevention, Preparedness, Response and Responsibility Bill 2025 in the National Assembly next Monday. The bill establishes a modern and comprehensive legal framework…

Oil production at Yellowtail development should start later this year 
  • Oil & Gas
Apr 15, 2025 1 Min Read
Oil production at Yellowtail development should start later this year 

See below the full release from ExxonMobil Guyana Limited:  April 15, 2025: ExxonMobil Guyana today announced the arrival of the ONE GUYANA Floating, Production, Storage and Offloading (FPSO) vessel in Guyanese…

Fourth oil vessel arrives in Guyana; total production expected to surge to 900,000 barrels daily 
  • Oil & Gas
Apr 15, 2025 1 Min Read
Fourth oil vessel arrives in Guyana; total production expected to surge to 900,000 barrels daily 

See below the full statement issued by the Ministry of Natural Resources: The Government of Guyana is pleased to welcome the arrival of the ONE GUYANA Floating Production, Storage and…

‘Building tomorrow’s future today’ – 2026 Guyana Energy Conference set for Feb. 17 to 20 
  • Oil & Gas
Apr 10, 2025 1 Min Read
‘Building tomorrow’s future today’ – 2026 Guyana Energy Conference set for Feb. 17 to 20 

The Secretariat of the Guyana Energy Conference & Supply Chain Expo (GECSCE) is pleased to announce the fifth edition of the region’s premier energy and investment event, scheduled for February 17-20,…

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