Guyana has started discussions with Exxon Mobil Corp (XOM.N) to build a more than 120-mile (190-km) natural gas offshore pipeline, Natural Resources Minister Vickram Bharrat said on Tuesday at the Continue Reading
Exxon has made three discoveries offshore Guyana and increased its recoverable resource estimate for Stabroek to nearly 11 billion oil-equivalent barrels. U.S. oil supermajor ExxonMobil has made three new discoveries Continue Reading
Guyana considers creation of state-run oil company. Guyana President: diversifying Guyana’s economy is crucial. Guyana will look for a “strategic partner” to run a state-run oil company. The world’s newest Continue Reading
Guyana is on track to produce more than 1 million bpd of crude by 2027. The size of the Guyana-Suriname basin may be bigger than anticipated. Besides deepwater oil, Suriname Continue Reading
Exxon has made a final investment decision for the Yellowtail development offshore Guyana after receiving government approval. U.S. supermajor ExxonMobil has made a final investment decision for the Yellowtail development Continue Reading
Exxon Mobil Corp (XOM.N) on Friday received approval to begin work on its fourth offshore oil project in Guyana from the South American country’s Environmental Protection Agency. The permit will Continue Reading
Guyana is going through an impressive oil boom, with the country on track to produce over a million barrels per day by 2030. Unfortunately, the small country’s production will take Continue Reading
The discovery of huge oil reserves in Guyana has the potential to transform the country, although it will have to work hard to avoid the resource curse that has hit Continue Reading
Exxon plans to begin oil production from a second platform offshore Guyana next month New platform would increase Guyana’s production threefold ExxonMobil and Hess Corp. have recently made their 20th Continue Reading
Frontera Energy struck oil in the Corentyne Block offshore Guyana, the company said this week. “Initial results from the Kawa-1 well are positive and reinforce CGX and Frontera’s belief in Continue Reading
