Sep 10, 2023 · President of Guyana Irfaan Ali has acknowledged "time is not on our side" as the South American country scrambles to make the most of its newfound oil wealth before it is too …

Liza-1 well was the first significant oil find offshore Guyana. It encountered more than 295 feet (90 meters) of high-quality oil-bearing sandstone reservoirs. It was safely drilled to 17,825 feet …

2 hours ago · The oil major, which is at the heart of the uptick in Guyana, expects its production capacity to surpass 1.7 million bpd, with gross production growing to 1.3 million bpd, by 2030. …

May 5, 2023 · A single oil block of more than a dozen off Guyana’s coast is valued at $41 billion. Combined with additional oil deposits found nearby , that will generate an estimated $10 billion …

1 day ago · ExxonMobil's Longtail project offshore Guyana will be the largest natural gas development in the Stabroek Block, targeting 1.5 billion cubic feet per day of natural gas and …

Jan 27, 2024 · Venezuela's autocratic leader Nicolás Maduro called for a referendum in the first week of December 2023 to seek approval to annex Essequibo, which makes up two-thirds of …

Mar 15, 2024 · ExxonMobil Guyana today announced a discovery at Bluefin in the Stabroek block offshore Guyana, the company’s first discovery of 2024.

Oct 23, 2023 · Guyana received bids for eight out of the 14 offshore oil and gas exploration blocks that it had offered in its first auction, held in September. Here are some of the key exploration …

Mar 1, 2025 · GEORGETOWN, Guyana (AP) — Guyana’s President Irfaan Ali on Saturday denounced an incursion by an armed Venezuelan naval vessel in disputed waters that are …

Mar 1, 2025 · Guyana’s president has denounced an incursion by an armed Venezuelan naval vessel in disputed waters and home to a mammoth offshore oil deposit being developed by …