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HomeGuyana

Guyana

Venezuela holds referendum
Crude Oil News

Venezuela holds referendum on oil-rich Guyana region: Four things to know

December 3, 2023 Stu Turley

Venezuela is set to hold a referendum on Sunday on whether to establish a new state in a disputed, oil-rich territory long ruled by Guyana. The vote comes after the International Court of Justice (ICJ) […]

Big Oil Companies

Daily Energy Standup Episode #260 – Copper Supply Concerns, LNG Cruise Ships, and Geopolitical Shifts in the Oil Trade

November 30, 2023 Andy Del Prado

Daily Standup Top Stories Dwindling copper supply from Panama and Peru could wipe out global surplus in 2024 November 29, 2023 Mariel Alumit Reduced supply from major copper producers Panama and Peru may flip the global […]

Guyana
Big Oil Companies

Venezuela prepares for vote on border dispute with Guyana over oil-rich territory

November 29, 2023 Stu Turley

‘We support a diplomatic solution’: Guyana defense spokesperson  356,513 soldiers, 120,000 officers to be deployed during voting The Venezuelan government is fine-tuning the details, including the deployment of military personnel, to carry out a Dec. […]

Big Oil Companies

Daily Energy Standup Episode #239 – Weekly Recap: Climate Crisis in Africa, Hydrogen Challenges, and Chevron’s Strategic Move

October 28, 2023 Andy Del Prado

Daily Standup Weekly Top Stories Why is the Climate Crisis racist where Africa is concerned? The West policies towards Africa are like environmental racism. – Alex Epstien October 21, 2023 Allen Santos Sometimes we must stand […]

Chevron
Press

Guyana government “very supportive” of Chevron megadeal, Hess CEO says

October 27, 2023 Mariel Alumit

World Oil (Bloomberg) – Guyana’s government is “very supportive” of Chevron Corp.’s deal to buy Hess Corp., which owns a large stake in the country’s oil developments, Chief Executive Officer John Hess said in an interview. Source: […]

Crude Oil News

Chevron to increase Guyana, Bakken shale production with $53 billion Hess acquisition

October 24, 2023 Mariel Alumit

World Oil (WO) — Chevron Corporation has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion, or $171 per […]

Chevron
Exploration and Production

Chevron to buy Hess Corp for $53 billion in all-stock deal

October 23, 2023 Mariel Alumit

HOUSTON, Oct 23 (Reuters) – Chevron (CVX.N) agreed to buy U.S. rival Hess (HES.N) for $53 billion in stock in a deal that reflects top U.S. energy companies drive for oil and gas assets in a world seeking lower-risk future fossil […]

Carbon
Climate Crisis

Why Suriname’s Carbon Finance Program Could Change The World

September 28, 2023 Mariel Alumit

Mr. October is on deck. Marciano Dasai, Suriname’s minister of spatial planning and environment, spoke at Climate Week in New York and is pitching 4.8 million carbon offsets to the real heavy hitters — the rich nations […]

Brazil
Crude Oil News

Brazil And Guyana Are Fueling Latin America’s Oil Resurgence

July 31, 2023 Mariel Alumit

Brazil, with 14.9 billion barrels of proven reserves, is aiming to boost oil output to 5.4 million barrels per day by 2029, potentially becoming the world’s fourth-largest oil producer. Guyana, following a series of discoveries […]

Offshore
Big Oil Companies

Guyana’s Offshore Oil Boom

January 26, 2023 Mariel Alumit

By 2035, the world’s fourth-largest offshore oil producer could be a South American country with fewer than 1 million people. According to Norway’s Rystad Energy, Guyana – with proven reserves of 11 billion barrels of […]

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