Guyana is quickly becoming one of the hottest new oil frontiers on the planet. It is estimated that over 11 billion barrels of recoverable oil resources have been discovered in Continue Reading
ExxonMobil is continuing with its incredibly precise exploration of Guyana’s Stabroek block with two new discoveries southeast of the Liza and Payara developments. U.S. supermajor ExxonMobil is continuing with its Continue Reading
Exxon Mobil Corp (XOM.N) on Tuesday said it has made two new oil discoveries offshore Guyana and that it has already exceeded, in July, its 2022 production target for the Continue Reading
Guyana’s government oil and gas revenue is set to surpass $1 billion in 2022. Guyana may see $7.5 billion in annual oil and gas revenues by 2030. Guyana is the Continue Reading
Guyana’s revenue from domestic oil and gas production is on track to break the $1 billion mark this year and accelerate to $7.5 billion annually in 2030. As the burgeoning Continue Reading
In the coming years, upstream capex in Latin America will shift into deeper and deeper water with Brazil, Guyana, and Mexico likely to lead the charge for new spending. In Continue Reading
Over 11 billion barrels of oil and gas found off Guyana Country wants to accelerate production to develop economy Hopes to negotiate more favorable contracts for next phase New offshore Continue Reading
Guyana’s oil industry is booming thanks to a number of massive discoveries. Exxon is leading the charge on this new oil frontier. The former British colony will materialize as a Continue Reading
The Guyana-Suriname oil basin may hold much larger reserves than anticipated. Suriname is looking to replicate Guyana’s oil boom through 2030. Low projected breakeven prices and discoveries of light to Continue Reading
New oil findings at a deeper layer in Guyana’s seabed could help adding billions of barrels to what is already the world’s largest oil discovery in 20 years, Hess Corp Continue Reading
