HOUSTON (Reuters) – Exxon Mobil Corp (XOM.N) on Friday reported a $1.1 billion second-quarter loss on sharply lower energy demand and prices from the COVID-19 pandemic, and confirmed plans to make “significant” […]
Guyana’s oil reserves and investment potential were yesterday boosted by the Hess Corporation announcement that appraisal of the Yellowtail well and 13th discovery in the offshore Stabroek Block it shares with ExxonMobil […]
ack in the late fall of 2014, when Saudi Arabia broke up OPEC for the first time and unleashed a torrent of crude oil on the world despite the protests of its […]
THE United States government has made available G$100M to the Ministry of Public Health (MOPH) and its partners to combat the coronavirus (COVID-19)According to a statement from the US Embassy in Georgetown, […]
Ghanaian O&G expert says THERE are numerous similarities between the emergence of the Oil and Gas (O&G) industry in Guyana and Ghana, with much to be learned from in the areas of […]
U.S. sanctions on oil shipments to Cuba are causing a fuel shortage in the Caribbean nation, said Cuban Foreign Minister Bruno Rodriguez on Monday. Rodriguez denounced the imposition of stiff fines on […]
Saudi Arabia revealed yesterday that, contrary to its initial estimates, Aramco should be able to restore oil production to 100% capacity by the end of the month. And on Wednesday morning, the kingdom’s […]
The recent spike in oil prices due to the ongoing conflict in the Middle East may not benefit TT due to this country’s reduced oil and gas production according to former energy […]
The US has once again surpassed Saudi Arabia and Russia to reclaim the No. 1 spot as the world’s largest oil exporter, according to data from the International Energy Agency. Record shale […]
THE refined oil imported by Paria Fuel Trading Company for local consumption after the closure of the Petrotrin refinery does not include oil produced by Venezuela’s state-run oil company PDVSA, Energy Minister […]
