Feb 17, 2026
2 min read
Rambarran: Oil fund spending on infrastructure not at citizens’ expense
Economist Richard Rambarran has dispelled claims that oil fund resources are being spent on infrastructure and capital projects at the expense of citizens. Speaking on...
Oil & Gas
Chevron Chairman: Leadership, partnerships key to Guyana’s energy success
Chevron Corp Chairman Mike Wirth said on Tuesday the US energy company plans to work closely with the government of Guyana for the long term,...
US seizes Guyana-flagged Venezuela-linked tanker ahead of Trump-Machado meeting
(Reuters) The U.S. has seized another Venezuela-linked tanker, US officials told Reuters on Thursday, ahead of a meeting between U.S. President Donald Trump and Venezuelan...
Trump’s Venezuela takeover will make Guyana oil safer
(Oilprice.com) A couple of years ago, Venezuela’s government decided to revive a territorial claim over much of its neighbour, Guyana. The tiny country was emerging...
Gas-to-Energy Project on track for year-end completion
Work on Guyana’s landmark Gas-to-Energy (GTE) Project in Wales is progressing steadily and remains on track for completion by the end of 2026. Prime Minister...
Brazil, Guyana and Argentina drive non-OPEC crude growth into 2026
Global crude oil production is forecast to rise by about 800,000 barrels per day (bpd) in 2026, with Brazil, Guyana and Argentina accounting for roughly...
BP, Woodside and Chevron are big winners at Gulf of Mexico oil and gas auction
Woodside Energy and Chevron were the top winners on Wednesday at the US government’s first sale of oil and gas drilling rights in the Gulf...
Exxon boosts forecast, aims for US$25 billion earnings growth by 2030
Exxon Mobil is targeting US$25 billion in earnings growth from 2024 to 2030 and will increase oil and gas production, the top US oil producer...
Guyana to sign new production deal with Cybele Energy next week
Guyana will sign a new production sharing agreement with Cybele Energy Limited next Tuesday, Minister of Natural Resources Vickram Bharrat said on Thursday, as the...
Chevron to spend up to US$19 billion next year in focus on US, Guyana oil production
Chevron said on Wednesday that capital expenditure for 2026 will be between US$18 billion and US$19 billion as the oil major focuses on production in...
China takes first cargo of Guyana’s Golden Arrowhead Crude, marking new push into Asian Market
China is preparing to receive its first shipment of Guyana’s Golden Arrowhead crude, a development that signals growing Asian interest in the country’s expanding suite...
Local participation, environmental compliance non-negotiable in new Guyana petroleum deal
Local participation, social development contributions, and compliance with environmental and safety obligations are non-negotiables in Guyana’s latest petroleum agreement. Director of the Local Content Secretariat...
QatarEnergy, TotalEnergies, PETRONAS partner in Guyana offshore Block S4
Guyana has signed a Production Sharing Agreement (PSA) for the shallow-water Block S4 offshore the country with a consortium comprising QatarEnergy (35%), TotalEnergies (40%, operator),...
Guyana part of planet’s newest oil frontier
Off Brazil’s northeastern coast, where the sediment-heavy water of the vast Amazon River tips out into the Atlantic, are two very different types of treasure....
30 mining blocks set aside for small operators on Essequibo Coast
Minister Bharrat addresses miners and loggers at the meeting yesterday The Guyana Geology and Mines Commission (GGMC) will soon hold a mining lottery in Region...
CGX strikes loan deal
C GX Energy Inc, a Canadian oil and gas explorer, has secured a US$2.5 million senior loan from its joint venture partner, Frontera Energy Corp,...