Production from the Stabroek Block consistently increased, moving from an average of 74,000 barrels of oil per day (bpd) in 2020, to an average of 616,000 bpd in 2024. The One Guyana FPSO is ...

Guyana’s government demanded no upfront fee from the oil giant and promised to allow Exxon to recoup its full costs before claiming any royalties, while breaking its own laws limiting the number of ...

GEORGETOWN (Reuters) -Guyana's economy achieved its fifth consecutive year of double-digit growth in 2024, expanding 43.6% as ...

A lot of people are probably not aware that there are disputes going on all over the globe about territorial rights. The most ...

Oil sector expansion is expected to slow from recent years to 9.5% growth, due to lower crude prices. Guyana forecasts an average of $71.9 per barrel for its crude this year, down from $78-80 last ...

Guyana exported 225 cargoes of crude oil in 2024, its energy minister said on Tuesday, as a consortium led by U.S. major ...

Know about Bemichi Airport in detail. Find out the location of Bemichi Airport on Guyana map and also find out airports near to Bemichi. This airport locator is a very useful tool for travelers to ...

Know about Imbaimadai Airport in detail. Find out the location of Imbaimadai Airport on Guyana map and also find out airports near to Imbaimadai. This airport locator is a very useful tool for ...

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 ...

they will be implemented in future offshore blocks, ensuring that those agreements reflect Guyana’s maturation as an oil and gas jurisdiction. It is vital to recognise that direct revenue is not the ...

Guyana said it is making a concerted effort to clear wreckage from its waterways and improve navigation as the number of ships serving the burgeoning oil-sector increases. More than 14 wrecks have ...