(Reuters, 18.Aug.2021) — Guyana and Suriname expect continued exploratory drilling over the next two years by oil majors in their joint offshore basin after a string of recent discoveries, government...
(DPI, 18.Aug.2021) — Vice President Dr. Bharrat Jagdeo MP, has issued a clarion call for developed countries to pull their weight in the fight against climate change. The Vice President...
(Energy Analytics Institute, 17.Aug.2021) — Guyana’s Vice President Bharrat Jagdeo took part in the Offshore Technology Conference (OTC) held in Houston between 16-19 August 2021. What follows are brief details...
(Reuters, 17.Aug.2021) — Guyana aims to increase its oil royalties and revamp other contract terms as part of a new profit-sharing agreement (PSA) for future crude and gas projects now...
(Energy Analytics Institute, 16.Aug.2021) — Executives with ExxonMobil provided technical details of the company’s initial, current and planned activities in Guyana. What follows are excerpts from their presentations during the...
(DPI, 16.Aug.2021) — This is Guyana’s second time participating at this international conference in Houston, Texas. The Government of Guyana through GO-Invest, is collaborating with several private sector organisations and...
(Energy Analytics Institute, 13.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: YPF reducing its total debt, Petrobras’ tax collections to the government, Exxon’s Liza Unity FPSO...
(Argus, 12.Aug.2021) — Guyana plans to create a new authority by the end of 2021 to regulate its growing hydrocarbon revenues and allow orderly and transparent management and development of...
(Oceaneering, 10.Aug.2021) — Oceaneering International has been awarded a contract from Esso Exploration and Production Guyana Limited (EEPGL) to provide two surveys offshore Guyana. The contract award covers a towed...
(Reuters, 10.Aug.2021) — Guyana's Natural Resources Ministry said on Monday the country earned nearly $80 million from a July crude cargo sold to an Indian refiner, the highest figure since...
(MNR, 9.Aug.2021) — In keeping with the current administration’s commitment to transparency and accountability within the Petroleum Sector, the Government Guyana through the Ministry of Natural Resources is pleased to...
(Stabroek News, 8.Aug.2021) — To recap, this long-running series of Sunday Stabroek columns focusing on Guyana’s emergent oil and gas sector commenced just four months short of five years ago;...
(Reuters, 4.Aug.2021) — Guyana received bids from 15 different companies aiming to market the government's share of the crude produced off the South American country's coast, according to Guyana's National...
(Energy Analytics Institute, 3.Aug.2021) — Energy briefs from the Latin America and Caribbean region including: New Pacific Metals Corp. commencing a diamond drilling program in Bolivia, Ecopetrol’s strong second quarter...
(DPI, 3.Aug.2021) — The Government is seeking an amendment of the law which would give it greater control over the use of lands, both public and private, by petroleum operators....
(NewsAmericas, 29.Jul.2021) — Tempers flared and the temperature escalated as the Guyana EPA, Ministry of Natural Resources and the Gas-to-Shore project were under fire recently. As participants asked a multiplicity...
(WoodMac, 29.Jul.2021) — Wood Mackenzie’s Latin America upstream senior analyst Luiz Hayum commented on the latest exploration results offshore Guyana and Suriname: “In a year thin of deepwater discoveries, Guyana...
(Energy Analytics Institute, 28.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: rising Brazilian imports of US LNG, Ecopetrol’s electric vehicles fleet, Hess reports 2Q:21 results, Trinidad...
(ExxonMobil, 28.Jul.2021) — ExxonMobil said it made a discovery at Whiptail in the Stabroek Block offshore Guyana. The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high...
(Seeking Alpha, 28.Jul.2021) — The earnings call transcript from Hess Corporation’s (NYSE:HES) second quarter 2021 earnings conference call on 28 July 2021. Corporate Participants Jay Wilson - VP, Investor Relations...
(Hess, 28.Jul.2021) — Hess Corporation (NYSE: HES) announced a significant oil discovery on the Stabroek Block offshore Guyana at Whiptail. The Whiptail-1 well encountered 246 feet (75 meters) of net...
(Trinidad Express, 27.Jul.2021) — The Guyana government says it is seeking to revive the 165 Megawatts (MW) Amaila Falls Hydropower project (AFHP) and hoping to start construction in 2022 with...
(Energy Analytics Institute, 22.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: daily production details from Argentina’s Neuquén region to 13 renewable projects identified by Colombia’s Ecopetrol...
(Reuters, 12.Jul.2021) — Guyana is re-launching a search for a company to market the government’s share of crude oil produced off the South American country’s coast to make the tender...
(Frontera Energy, 12.Jul.2021) — Frontera Energy Corporation (TSX: FEC), the majority shareholder of CGX Energy Inc. (TSXV: OYL) and joint venture partner in the Petroleum Prospecting Licenses for the Corentyne...
(Energy Analytics Institute, 9.Jul.2021) — Energy briefs from the Latin America and Caribbean region including: oil prices remaining above the $75/bbl mark, Argentina’s ENRE imposing fines on Edenor, an energy...
(Argus, 8.Jul.2021) — Canadian independent CGX Energy, one of the early movers in Guyana's offshore play, spudded its first well in the South American country, 21 years after its initial...
(DPI, 8.Jul.2021) — His Excellency Dr Irfaan Ali called the relationship between Guyana and the United States of America strong and valuable and pointed to greater partnerships between the two...
(ProActive, 5.Jul.2021) — Eco Atlantic Oil & Gas Ltd (LON:ECO, TSE:EOG) chief executive Gil Holzman remains confident in the Canje block, offshore Guyana, where Exxon is now lining up its...
(Eco Atlantic, 5.Jul.2021) — Eco (Atlantic) Oil & Gas Ltd. (AIM:ECO)(TSX‐V:EOG) has received a detailed update from JHI Associates Inc. The Jabillo-1 well in the Canje Block, offshore Guyana, reached...
(Reuters, 29.Jun.2021) — Indian Oil Corp (IOC.NS), the country's top refiner, has made its first purchase of Guyana's Liza light sweet crude as it seeks to diversify its crude purchases,...
(Eco Atlantic, 28.Jun.2021) — Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX‐V: EOG) closed a transaction with JHI Associates Inc., a private company incorporated in Ontario and headquartered in...
(AP, 27.Jun.2021) — Three crewmen were killed in Guyana when a vessel used to transport fuel exploded at a pier, police said. A police statement said security personnel heard a...
(Endeavor Management, 11.Jun.2021) — The challenge now facing operators in this promising region is to transition from an exploration/appraisal mode to best practices for development and production. Recent discoveries in...
(Hess, 9.Jun.2021) — Hess Corporation (NYSE: HES) announced a discovery offshore Guyana at the Longtail-3 well on the Stabroek Block. Drilling at Longtail-3 encountered 230 feet (70 meters) of net...
(Exxon, 9.Jun.2021) — ExxonMobil made a discovery at Longtail-3 in the Stabroek Block offshore Guyana. Drilling at Longtail-3 encountered 230 feet (70 meters) of net pay, including newly identified, high...
(Frontera, 7.Jun.2021) — Frontera Energy Corporation (TSX: FEC) is commencing a cash tender offer and consent solicitation for any and all of its outstanding 9.700% Senior Notes due 2023, upon...
(Energy Analytics Institute, 7.Jun.2021) — Energy briefs from the Latin America and Caribbean region including: Westmount Energy Ltd. updating on its activities in Guyana-Suriname and Peru elections results showing Keiko...
(Westmount Energy, 7.June.2021) — Westmount Energy Limited (UK AIM: WTE.L, USA OTCQB: WMELF) noted the announcement by the Maritime Administration Department, Guyana, that the Stena Carron drillship will re-commence exploration...
(Energy Analytics Institute, 3.Jun.2021) — Select highlights from 3 June 2021 from the Suriname Energy, Oil and Gas Summit or SEOGS2021, and speakers from Staatsolie Upstream Director Rehka Bissumbhar to...
(Energy Analytics Institute, 2.Jun.2021) — Select highlights from 2 June 2021 from the Suriname Energy, Oil and Gas Summit or SEOGS2021, and speakers with companies from Modec International Inc. and...
(The Guardian, 31.May.2021) — Guyana’s government is being taken to court by two citizens seeking an end to offshore drilling by ExxonMobil and other large oil firms that will exacerbate...
(Energy Analytics Institute, 26.May.2021) — Hess Corporation presented at the UBS Global Energy Conference on 26 May 2021. What follows are key points and key slides from the discussion, including...
(Energy Analytics Institute, 26.May.2021) — The Liza Destiny floating production storage and offloading (FPSO) unit offshore Guyana in the Stabroek Block is expected to shutdown briefly in November 2021 to...
(Reuters, 14.May.2021) — Exxon Mobil Corp said on Friday it will reinstall a gas compressor at its Liza Destiny platform off Guyana's coast in June, after an equipment failure last...
(Kaieteur News, 7.May.2021) — ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), has submitted an application to the Environmental Protection Agency (EPA) to undertake its fourth oil project, the...
(DPI, 3.May.2021) — Minister of Natural Resources, Hon. Vickram Bharrat said ExxonMobil’s local subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), will switch the manufacturer of the compressor equipment it...
(Seeking Alpha, 30.Apr.2021) — Exxon Mobil Corporation (NYSE:XOM) hosted its 1Q:021 results conference call on 30 April 2021. What follows is a transcript of the call between company executives and...
(Energy Analytics Institute, 30.Apr.2021) — ExxonMobil’s deepwater projects offshore Guyana and Brazil generate returns over 10% with an oil price below $35 per barrel, the company’s CEO Darren Woods told...
(Hess 28.Apr.2021) — Hess reported net income of $252mn, or $0.82 per common share, in the first quarter of 2021, compared with a net loss of $2,433mn, or $8.00 per...
(Energy Analytics Institute, 28.Apr.2021) — Guyana’s President Mohamed Irfaan Ali held a press conference on 28 April 2021 and discussed energy matters while touching on oil revenues and local content,...
(Seeking Alpha, 28.Apr.2021) — Hess Corporation reported its 1Q:21 results and held a conference call with analayst on 28 April 2021 to discuss the financial and operational details. What follows...
(Hess, 27.Apr.2021) — Hess Corporation (NYSE: HES) today announced another oil discovery offshore Guyana at the Uaru-2 well on the Stabroek Block, which will add to the previously announced gross...
(ExxonMobil, 27.Apr.2021) — ExxonMobil made an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana. Uaru-2 will add to the previously announced gross discovered recoverable resource estimate...
(Energy Analytics Institute, 27.Apr.2021) — ExxonMobil’s Senior Vice President Michael G. Cousins commented on the company’s 19th oil find offshore Guyana in the prolific Stabroek Block. “I’m thrilled to share...
(Energy Analytics Institute, 26.Apr.2021) — Energy briefs from the Latin America and Caribbean region including: Terpel inaugurating Colombia’s first LPG service station in Cartagena and Hess Corporation hosting its 1Q:21...
(Stabroek News, 26.Apr.2021) — December 20th marked the one-year anniversary of oil being lifted from Guyana’s ocean floor. Who has benefitted the most from our oil? Is it the people...
(Reuters, 25.Apr.2021) — India, the world's third-largest crude consumer and importer, has approached Guyana's government about a possible long-term deal to buy the South American country's oil, a Guyanese official...
(CGX Energy, 22.Apr.2021) — CGX Energy Inc. and Frontera Energy Corporation (TSX: FEC), joint-venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, separately announced today that...
(Guyana Ministry of Natural Resources, 16.Apr.2021) — On 11 April 2021, the Government of Guyana (GoG) was notified of an unexpected issue arising with the discharge silencer of the Flash...
(Argus, 16.Apr.2021) — Guyana is considering unspecified economic measures to cushion the impact of repeated production cuts from US major ExxonMobil's deepwater Stabroek block, the natural resources ministry said. Since...
(Frontera, 16.Apr.2021) — Frontera Energy Corporation and CGX Energy Inc., joint venture partners (the "Joint Venture") in Petroleum Prospecting Licenses for the Corentyne and Demerara blocks offshore Guyana, announced today...
(Energy Analytics Institute, 31.Dec.2021) — Energy Analytics Institute (EAI), which provides breakings news coverage of energy markets primarily in Latin America and the Caribbean, revealed its latest promo video related...
(Gold Port Corporation, 7.Apr.2021) — Gold Port Corporation is providing a corporate update on its operations in Guyana. Groete Gold Copper Project Drill Program Camp expansion at the company owned...
(Energy Analytics Institute, 31.Mar.2021) — “Determining the appropriate policy reforms to sustainably improve the socio-economic trajectory of the best-run country in the Caribbean, must feel like figuring out what gift...
(Reuters, 23.Mar.2021) — The first cargo from new oil producer Guyana to the world’s third-largest crude importer, India, departed this month from a production facility off the South American nation’s...
(S&P Global, 23.Mar.2021) — The ExxonMobil-operated Liza Phase 1 development offshore Guyana achieved its nameplate capacity output of 120,000 b/d in December and continues to produce at that rate, the...
(Energy Analytics Institute, 22.Mar.2021) — Commentaries, quotes, data and other highlights from the Guyana Basins Summit (GBS) held virtually from 17-19 March 2021 and from speakers from Guyana’s President Mohamed...
(DPI, 21.Mar.2021) — Minister of Local Government and Regional Development, Hon. Nigel Dharamlall has said more communities across Guyana will soon benefit from the installation of solar streetlights. This initiative...
(Energy Advance, 18.Mar.2021) — The Guyana Basins Summit (GBS) was officially inaugurated by Hon. Albert R. Ramdin, Minister of Foreign Affairs, International Business and Cooperation, government of the Republic of...
(Hess, 18.Mar.2021) — Hess entered into an agreement to sell its subsidiary Hess Denmark ApS, which holds a 61.5% interest in the South Arne Field, to Ineos E&P AS for...
(CGTN, 17.Mar.2021) — Chinese President Xi Jinping said Tuesday that China and Guyana should take the 50th anniversary of their diplomatic ties next year as an opportunity to push for...
(DPI, 17.Mar.2021) — His Excellency Dr Irfaan Ali said that Guyana is poised to become the most exciting investment destination in the Western Hemisphere. The Head of State made this...
(Energy Advance, 17.Mar.2021) — Yesterday saw his Excellency Hon. Dr. Mohamed Irfaan Ali, President, Co-operative Republic of Guyana open the Guyana Basins Summit and declare Guyana is a sleeping giant...
(Reuters, 17.Mar.2021) — Guyana’s President Irfaan Ali said on Wednesday that the first phase of the Liza offshore crude project had achieved its intended full production capacity of around 130,000...