Oil and Gas

With President Irfaan Ali slated to address the May 4 opening of the 2026 Offshore Technology Conference (OTC) in Houston, Minister of Finance, Dr Ashni Singh, says it is a clear sign of how far Guyana has advanced in the global oil and gas arena. He described the moment as a reflection of rising international […]

High fuel prices linked to geopolitical tensions in the Middle East have renewed debate in Guyana on the need for a refinery. The government, however, is taking a measured approach, tying any such move to broader infrastructure and industrial planning. To put it plainly, there will be no refinery without a deepwater port. Guyana has

The proposed Berbice gas development, a collaborative venture between the government and investors, is emerging as a far larger and more outward-facing initiative than the country’s flagship Wales Gas-to-Energy project. Both projects involve piping natural gas from offshore fields in the ExxonMobil-operated Stabroek Block to onshore facilities. But their scale and purpose differ significantly. The

ExxonMobil Guyana has asked the Guyana government for approval to study a potential increase in production at its Yellowtail offshore oil project. The company’s President, Alistair Routledge, told the media during a press conference last week that it wants to increase production to as much as 290,000 barrels per day (bpd). The proposal follows recent

ExxonMobil plans to advance the Haimara gas field as the anchor for its ninth offshore development in Guyana. During a press conference last Thursday at the company’s Ogle Headquarters, Country President Alistair Routledge said the company expects to begin the project application process within weeks. This will follow the Longtail application process, for which the

While the Local Content Law has enabled Guyanese to play a meaningful role in the development of the oil and gas sector, citizens are poised to assume even greater leadership roles through the Guyana Technical Training College and the imminent Guyana Development Bank. This is according to Director of the Vreed-en-Hoop Shore Base Inc., Nicholas

In response to attacks from the USA and Israel, Iran’s decision to block the Strait of Hormuz, a critical passage for 20 percent of the world’s oil supply, has left many countries in a state of worry. Guyana, in particular, has found itself with a mixed bag of blessings and concerns.  The conflict, which began

Guyana is asserting its sovereignty over the vast Essequibo territory with Venezuela by naming its next floating production, storage and offloading (FPSO) vessel “Essequibo 1899.” This announcement was made by President Dr Irfaan Ali during his feature address at the Annual General Meeting of the Georgetown Chamber of Commerce and Industry (GCCI) last week. “I’ve

Guyana’s share of oil revenues from ExxonMobil’s operations could increase sooner than expected this year if high crude prices persist, the company’s Guyana President Alistair Routledge said Thursday. Oil prices have climbed above $100 per barrel amid escalating tensions involving the United States, Israel and Iran, boosting earnings from Guyana’s growing output in the Stabroek

Guyana’s Gas-to-Energy project is a key part of an effort by the government to ensure the former sugar estate community of Wales transitions into a new industrial hub, replacing economic activity lost after the closure of the estate nearly a decade ago. The Wales sugar estate, the West Bank of Demerara, was among several shuttered