Contrary to the insinuations made, the Ministry stated that it is actively working—alongside the Guyana Geology and Mines Commission (GGMC)—to finalize the ...

The Ministry of Natural Resources yesterday said that it is working with the Guyana Geology and Mines Commission (GMC) to determine the area of the ...

Guyana’s oil output took a dip in March, sliding to 627,000 barrels per day (bpd) from February’s 648,000 bpd, a new report ...

Oil output in Guyana fell about 3% to 627,000 barrels per day (bpd) in March from the previous month, but the 631,000 bpd ...

Venezuelan Defense Minister Vladimir Padrino López accused the United States of conspiring to turn the Essequibo into a ...

ExxonMobil has granted MODEC a limited notice to proceed on a new floating production, storage, and offloading (FPSO) vessel ...

MODEC Inc. has secured a contract from ExxonMobil Guyana Ltd. to develop a Floating Production, Storage, and Offloading (FPSO ...

Chevron and other oil companies are cutting thousands of positions, while offshoring more white-collar jobs to the country.

Net income as determined in accordance with accounting principles generally accepted in the United States of America ("GAAP"), for the first quarter of 2025 was $402 million. Net income decreased $777 ...

The contract for the Hammerhead FPSO has been awarded to Modec on a Limited Notice To Proceed (LNTP) basis by ExxonMobil ...

We recently published a list of the 10 Energy Stocks with Fat Dividends. In this article, we are going to take a look at ...

Despite the usual risks, this year could prove pivotal for the majors in sub-Saharan Africa as they move on from legacy assets to new offshore and LNG projects.