guyana oil - EnergiesNet

UK’s BB Energy, JE Energy win tender to market Guyana’s share of oil – Reuters

EnergiesNet — Mon, 13 Nov 2023 09:25:53 +0000

Reporting by Kiana Wilburg, Reuters GEORGETOWN EnergiesNet.com 11 13 2023 British trading firms BB Energy and JE Energy on Thursday won two contracts to market Guyana’s share of crude production through deals that will pay the South American country premium fees of between 26 cents and 70 cents per barrel over market prices, the energy …

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ExxonMobil, Guyana in standoff over new contract terms – Argus

EnergiesNet — Sun, 22 Oct 2023 12:52:07 +0000

Canute James, Argus Media GEORGETOWN EnergiesNet.com 10 20 2023 Details of a disagreement between ExxonMobil and Guyana over terms for recently auctioned offshore acreage came to light this week, as the growing oil producing nation tries to keep a greater share of its natural resource wealth. The company is among bidders for several blocks in …

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Nation starving as Govt. refuses to audit Exxon bills – KNews Publisher – Kaieteur News

EnergiesNet — Tue, 14 Mar 2023 15:45:11 +0000

Kaieteuer News GEORGETOWN Energiesnet.com 03 14 2023 Newspaper Publisher and Radio Host, Mr. Glenn Lall during his most recent programme aired on Kaieteur Radio, Friday evening, said Government’s refusal to conduct timely audits of the bills handed to the country by oil giant ExxonMobil has rendered the nation starving as half of the US$30 billion …

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Hess set to make over US$2B annually in Guyana on 3 ships alone – Kaieteur

EnergiesNet — Thu, 26 Jan 2023 18:52:05 +0000

To invest 80% of its revenue in country, USA this year Kiana Wilburg, Kaieteur News PORT SPAIN Energiesnet.com 01 26 2023 American oil producer, Hess Corporation announced yesterday that its 2023 capital and exploratory budget totals US$3.7 billion. Importantly, more than 80% of it will go to its high-quality, profit-making assets in Guyana and the …

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International oil firms evaluating bids for Guyana blocks – Reuters

EnergiesNet — Tue, 17 Jan 2023 09:23:12 +0000

Marianna Parraga and Nidhi Verma, Reuters HOUSTON/NEW DELHI EnergiesNet.com 01 17 2023 Guyana’s upcoming bidding round for offshore areas has caught the interest of top energy companies from Asia to Europe, according to people familiar with the matter, even as the government continues to work out terms for the auction. The South American country wants …

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ExxonMobil goes to EPA for 6th oil project approval -Kaieteur News

EnergiesNet — Mon, 16 Jan 2023 18:24:59 +0000

Kaieteur News GEORGETOWN EnergiesNet.com 01 13 2023 US oil major ExxonMobil has commenced the application process seeking environmental permission for its sixth oil project in the offshore Stabroek Block. The company has submitted an application to the Environmental Protection Agency (EPA) for the Whiptail development which was announced in July of 2021. EPA’s Chief Executive …

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Guyana’s Oil Exports Double, with Europe Taking Half of Cargoes – Reuters

EnergiesNet — Mon, 16 Jan 2023 09:20:32 +0000

Marianna Parraga and Neils Marks, Reuters HOUSTON/GEORGETOWN EnergiesNet.com 01 16 2023 Guyana’s oil exports jumped 164% last year, boosted by growing output and demand for the newest Latin American oil producer’s light sweet crudes, particularly in Europe, where thirsty refiners ramped up imports to replace Russian supplies. Since a consortium led by Exxon Mobil (XOM.N) began pumping …

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