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HomeGuyana

Guyana

Millions of Russian Oil Barrels Could be Shut in Next Month
Crude Oil News

Millions of Russian Oil Barrels Could be Shut in Next Month

March 17, 2022 Mariel Alumit

From April, three million barrels per day of Russian oil production could be shut in as sanctions take hold and buyers shun exports. That’s according to the International Energy Agency’s (IEA) latest oil market report, […]

Guiana - EnergyNewsBeat
Crude Oil News

Guyana is lynchpin in southern Caribbean’s changing geopolitical landscape – Scott B. MacDonald

June 28, 2021 Tracey Woods

In June 2021, Guyana was the host for Operation Tradewinds, a multinational military exercise, involving military forces from the U.S., the Bahamas, Brazil, Canada, the Dominican Republic, France, Jamaica, the Netherlands, Trinidad and Tobago, and […]

Exploration and Production

Exxon says it will restart gas compressor at Guyana platform in June

May 16, 2021 Andy Del Prado

GEORGETOWN, – 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 month prompted the company to slash output. The […]

Exxon - Energy News Beat
Crude Oil News

ExxonMobil ups Guyana 2025 oil target to 800,000 b/d

May 13, 2021 Andy Del Prado

ExxonMobil has boosted its 2025 forecast for Guyana crude production to up to 800,000 b/d with plans for a fourth project on the deepwater Stabroek block, the company said in its latest environmental permit application. […]

Drilling deeper Guyana Stabroek Block -energynewsbeat
Exploration and Production

Drilling deeper Guyana Stabroek Block geology a key objective for Hess in 2021

April 28, 2021 Stu Turley

 A key drilling objective for Hess in 2021 in Guyana’s offshore Stabroek Block is probing deeper geologic intervals where its partnership has now made four well penetrations, the company’s top executives said April 28. Uaru-2, […]

Crude Oil News

India in talks with Guyana for long-term crude supply – minister

April 26, 2021 Andy Del Prado

GEORGETOWN/NEW DELHI: 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 said. India has expressed interest in […]

Guyana's President Irfaan Ali
Fossil

ExxonMobil Natural Gas Will Help Guyana Meet Its Climate Goals

January 30, 2021 Stu Turley

Much has been written in recent years about the sweeping environmental benefits natural gas has provided to the United States since the advent of the Shale Revolution at the end of the 20th century. While […]

Oil Rises With Market Structure Pointing to Tight Global Supply- Energy News Beat
Crude Oil News

Exxon’s Mega Oil Finds In Guyana Are Just The Beginning

January 10, 2021 Stu Turley

Like many global oil majors ExxonMobil is under considerable pressure because of the significant fallout from the COVID-19 pandemic, sharply weaker oil prices and the threat of peak oil demand. There are growing fears that […]

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