Guyana News Updates

The prospect of a referendum on Guyana’s 2016 ExxonMobil oil contract has emerged as a critical policy consideration. Vice President Bharrat Jagdeo acknowledged the possibility while prioritizing the 2025 electoral…

ExxonMobil Guyana’s recent US$1.26 billion acquisition of the FPSO Prosperity from SBM Offshore marks more than just another asset purchase—it signals a pivotal shift in the company’s operational strategy and…

ExxonMobil’s anticipated 2026 investment decision on its Mozambique LNG project, a massive $30 billion venture, holds valuable insights for Guyana as it navigates its burgeoning oil and gas industry. The…

Guyana’s Rising Impact: ExxonMobil’s Record-Breaking Quarter ExxonMobil’s latest financial results tell a compelling story of success, with Guyana playing an increasingly prominent role in the company’s global operations. The third…

As Guyana experiences rapid economic growth driven by its expanding oil industry, questions about equitable wealth distribution have become increasingly relevant as Guyanese struggle with the attendant cost of living…

ExxonMobil Guyana is preparing to increase its output from the Stabroek Block offshore by an additional 18,000 barrels per day (bpd). According to the company’s country manager, Alistair Routledge, this…

President Irfaan Ali’s recent announcement of a $200,000 one-off cash grant to every household across Guyana comes during unprecedented economic growth fueled by the country’s expanding oil sector. The proposal…

Guyana stands at a pivotal moment in its history. The recent discovery of vast oil reserves has positioned the nation as a significant player in the global oil and gas…

A Crucial Juncture for Anti-Corruption Efforts in Guyana Recent U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctions against prominent members of one of Guyana’s wealthiest families,…

ExxonMobil has greenlit the Whiptail development off the coast of Guyana, marking the sixth initiative on the Stabroek block, following government and regulatory endorsements. This development is poised to enhance…