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Frontera Energy and partner CGX Energy said the Guyana government terminated their exploration license for the Corentyne ...

An oil boom is reshaping Guyana’s future. Ben Jacob traces the country’s long history of colonial exploitation from Britain’s sugar factory to Exxon’s oil fields. Georgetown, the capital city of ...

Rystad is also projecting Guyana as likely becoming the fourth top global oil producer by 2035, though up to this time, its only discovery, Bluefin, is estimated to hold approximately 500 million ...

Chevron's oil and gas reserves have fallen to their lowest levels in at least a decade, highlighting the importance of the ...

Discovered resources globally of conventional oil and natural gas surpassed 4.5 billion barrels of oil equivalent in the first half of 2018, making for an exciting recovery with Guyana leading the ...

Exxon Mobil Corporation XOM is reinforcing its dominance in the Guyana offshore oil sector, with an objective to reach 2.3 million barrels per day (bpd) of production by 2030. The U.S. energy ...

ExxonMobil Guyana has let a contract to Baker Hughes to provide specialty chemicals and related services for its Uaru and Whiptail offshore greenfield developments in Stabroek block. ExxonMobil ...

Chevron Corporation CVX recently disclosed that its oil and gas reserves have hit a decade low, highlighting the importance of its planned $53 billion acquisition of Hess Corporation’s HES stake in ...

Hess Corp. grew its net oil production in Guyana by 52 percent to 195,000 barrels per day (bpd) in the fourth quarter of 2024 compared to the same three-month period in the prior year, according ...

Oil sector expansion is expected to slow from recent years to 9.5% growth, due to lower crude prices. Guyana forecasts an average of $71.9 per barrel for its crude this year, down from $78-80 last ...