IEA projects global oil supply to exceed demand by 1 million b/d in 2025 due to trade tensions and OPEC+ cuts.

United States (US)-sanctioned Guyanese city businessmen Nazar “Shell” Mohamed and his son Azruddin have consulted Attorney-at-Law Nigel Hughes. The Mohameds’ engagement with the ...

OPEC+ will now increase oil production and exports at President Trump’s urging, increasing oil production by 138,000 barrels ...

Guyana's government has cancelled the Frontera and CGX Energy joint venture's prospecting license for the Corentyne block, the companies said on Thursday.

JPMorgan sees a shift in the energy landscape, favoring natural gas over oil due to strong demand and a potential glut. Range ...

Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said today ...

CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera") announced today that the joint venture (the "Joint Venture"), which was established through their respective ...

The International Energy Agency (IEA) predicts a global oil supply surplus, led by the United States, despite sanctions on Russia and Iran. OPEC+ faces challenges balancing the market as trade ...

ExxonMobil (NYSE: XOM) has a bold view of its future. The energy giant wants to deliver an incremental $20 billion of ...

Dan Ammann says ExxonMobil is finding better ways to unlock more of its known resources, through a 'production line' approach ...

A legal challenge which was mounted against the Government over its handling of the country’s Natural Resources Fund (NRF) ...

Guyana President Irfaan Ali is exploring a partnership with Suriname to build a gas-powered industrial hub as he works to ...