Rubio warns investors will ‘just invest the money in Guyana’ if Venezuela lacks certainty
United States Secretary of State Marco Rubio has said international energy investors are unlikely to take risks in Venezuela’s oil sector if…
Category: OIL & GAS
Oil and gas steadfast with 16.2% projected growth in 2026 as production nears 840,000 bpd -Dr. Singh
Guyana’s oil and gas sector will continue to anchor strong economic expansion in 2026, with overall growth projected at 16.2 per cent,…
Guyana to launch first government-led 3D seismic survey across unlicensed offshore acreages
Guyana is moving to conduct its first government-led, multi-client 3D seismic survey across unlicensed offshore acreages, a step that will strengthen future…
NRF earned US$2.1B in profit oil in 2025 -Singh
Guyana’s Natural Resource Fund (NRF) received US$2.1 billion in profit oil revenues in 2025, according to Minister within the Office of the…
ExxonMobil to continue offshore drilling at Liza Phase Two through end of February
ExxonMobil Guyana Limited (EMGL) has begun a new phase of offshore drilling activities at the Liza Phase Two development, with operations set…
Air quality “non-negotiable” as stricter flaring rules enforced offshore -EPA Head
Air quality protection remains one of Guyana’s top regulatory priorities in the oil and gas sector, says Environmental Protection Agency (EPA) Head…
Oil spill plan must be proven in action, not left on shelf -EPA Head
The head of the Environmental Protection Agency (EPA), Kemraj Parsram, says operators in Guyana’s offshore oil sector cannot simply submit oil spill…
Gov’t to sign new shallow-water PSA next week
Minister of Natural Resources, Vickram Bharrat, has confirmed that Government will next Tuesday sign a Production Sharing Agreement (PSA) with Cybele (Cybil…
Chevron sets 2026 capital spend, highlights focus on Guyana stake
Chevron has announced that it will invest between US$18 billion and US$19 billion in 2026, with most of the spending directed toward…
South America set to lead global supply of new oil, Guyana emerging as key driver
South America is on track to become the world’s top source of new oil outside the OPEC+ group, with Rystad Energy projecting…
