U.S. intervention in Venezuela has temporarily eased the long-standing territorial threat to Guyana's rapidly expanding oil ...

Global oil supply is forecast to increase by 2.5 million b/d in 2026 to an average of 108.7 million b/d, with expanding ...

The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. Read more here ...

With Venezuela sidelined and U.S. backing effectively deterring any aggression, geopolitical risk around Essequibo has faded ...

Producers prioritize capital discipline amid sub-$60 oil prices, with cuts in North America and Europe offsetting higher ...

DESPITE softer global oil prices and continued policy uncertainty around the world, Guyana’s oil and gas sector is expected to remain profitable and attractive to investors, with expanding production ...

Nigeria’s push to revitalise its oil sector is bearing fruit, with Chevron Nigeria Limited announcing its third exploration ...

Norwegian services company DOF Subsea has secured a large turn-key contract with Japanese floater specialist Modec for the ...

Shell's $20 billion commitment to Nigeria's Bonga field represents the single largest foreign direct investment bet on ...

President Donald Trump may have significantly disrupted the global oil industry by removing Venezuelan President Nicolás Maduro from the country and bringing him to the U.S. to face criminal charges.

By Robert Harvey LONDON, Jan 21 (Reuters) - The global oil market will be in deep surplus in the first quarter of 2026, the International Energy Agency said on Wednesday, as so far excess supplies ...

ExxonMobil Guyana contractor Saipem has signed EnerMech for a subsea pre-commissioning services contract for the Whiptail subsea pre-commissioning project 200 miles offshore Guyana in the Stabroek ...