Guyana’s oil production to increase next week as Yellowtail project starts
Guyana’s daily oil production is set to increase by 37% with the imminent startup of its fourth offshore development, the Yellowtail project, operated by...
PPP/C looking to conduct second oil block auction next year
Once re-elected to office in September 2025, the People’s Progressive Party Civic (PPP/C) government is looking to conduct its second auction for oil blocks...
ExxonMobil welcomes Chevron takeover of Hess after tribunal ruling
Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access to...
Govt confirms 20% relinquishment of Stabroek Block complete
See full statement from the Ministry of Natural Resources:
Following a recent article published in the media concerning the 20% relinquishment of the Stabroek Block...
Consultation continues on compulsory acquisition of lands for transmission cables under Gas-To-Shore Project
Attorney General & Minister of Legal Affairs Mohabir Anil Nandlall SC MP, on Sunday held consultations at Latchmansingh Primary School, Bush Lot, West Coast...
Guyana gets higher returns than oil companies from Stabroek Block – MNR
Since the implementation of the 2016 Production Sharing Agreement (PSA) governing the activities in the Stabroek Block, Guyana has been receiving a higher return...
ExxonMobil launches oil exploration at Lukanani-2 well
Three years after its oil exploration success at the Lukanani-1 well in the Stabroek Block, where they encountered 115 feet of hydro-carbon bearing sandstone,...
LNDCH4 Guyana announces arrival of backup energy storage system to support the GtE project
LNDCH4 Guyana has announced the arrival of the Backup Battery Storage System (BESS) which landed at the John Fernandes wharf today. The BESS forms...
1700 Guyanese employed offshore, 53% of workforce are women – EMGL
ExxonMobil Guyana Limited (EMGL) recently revealed in its 2024 financials that its Guyanese oil and gas workforce based offshore has grown to 1700, helping...
ExxonMobil earns $1.2 trillion profit in 2024 but costs yet to be recovered
It was revealed on Tuesday that ExxonMobil Guyana Limited (EMGL) recorded GYD$1.255 trillion in profit before tax in 2024, and that by the end...


































