Page 33 - Stabroek News Today

ExxonMobil Guyana has unveiled that the Prosperity floating production storage and offloading (FPSO) unit, used in the Payara project…

While having strong earnings potential is noteworthy, what holds paramount importance for ExxonMobil (XOM) and Chevron (CVX) is their proficiency in free cash flow conversions.

Examining the energy giant's downturn and its long-term value proposition

Guyana has rapidly become a key new player on global energy markets after the discovery of an estimated 11 billion barrels of oil reserves off Guyana’s coast since 2015

India, one of the worlds largest oil importers, is set to sign a comprehensive cooperation agreement with Guyana, encompassing the entire hydrocarbon sector value chain, from crude supply to offshore exploration.

Georgetown – The Guyana government has announced plans to quickly monetise the country’s natural gas resources and would soon be requesting proposals in that regard. “In another week we expect to go out to ‘Request for Proposals’ to move towards implementing, or requesting models through which we can move as quickly as possible to monetise the total gas asset we have in our country,” President Urfaan Ali said in a live …

The White House’s policy toward Venezuela completely misunderstands conditions on the ground.

Venezuela views the arrival of the HMS Trent, a British Royal Navy vessel, in Guyana as a provocative action.

The company has also improved its production and lowered costs since late 2022, which is a big win.

While multiple new oil and gas projects were sanctioned throughout 2023, the top eight ones are listed in this article.