One day after Guyanese authorities were alerted of a sunken boat in its offshore waters, the investigation continues into the vessel’s origins and the whereabouts of its crew. A capsized fishing boat ...
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GlobalData on MSNChevron to cut 15–20% of workforce by 2026, impacting 9,000 employeesThe job cuts put pressure on US oil and gas employment, which is around 10% below pre-pandemic levels despite rising domestic ...
In a stunning development, it took a mere four years for Guyana to go from the first defense discovery, , made in 2015 with Exxon’s Liza-1 exploration well, to the first oil in 2019. This is ...
Exxon describes it as a “world-class discovery with a recoverable resource of between 800 million and 1.4 billion oil-equivalent barrels.” ExxonMobil and its partner Hess Corp. have announced ...
"The Red Siskin was then considered 'scientifically discovered' in Guyana," he says, adding that it is important to note that local residents knew of the species and even had a local name for the ...
The country is endowed with fertile agricultural lands, valuable mineral resources - including bauxite and gold - extensive tropical forests that cover 80 percent of the country, and recently ...
The dispute has heated up in recent years as Exxon has announced the discovery of more than 5 billion barrels of oil off the shore of Guyana, an English-speaking nation of 750,000 with no history ...
The Hamlet well is part of ExxonMobil’s ongoing exploration efforts in Guyana, as the company continues to assess the prospectivity of the basin. Routledge ...
In 2015, a company discovered 11 billion barrels of oil in Guyana and that set the country on the path of double-digit growth and a better future. The new discoveries of oil equivalent amounted to ...
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