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 …