Tag: Guyana

• Wednesday, July 15th 2020 - 08:55 UTC

  Exxon resumes drilling in Guyana; local politics battle over the future oil revenue

  

  Exxon Mobil resumed drilling in Guyana last month, underscoring its dedication to the offshore hotspot despite the oil price crash and a messy turn in local politics.

• Thursday, July 2nd 2020 - 08:02 UTC

  Guyana Venezuela territorial dispute at the Court of Justice, but Caracas denies The Hague jurisdiction to rule

  

  The United Nations’ top court held its first virtual hearing on Tuesday, taking up a 120-year-old territorial dispute between Guyana and Venezuela. Guyana made its arguments as to why the International Court of Justice has jurisdiction in the border dispute, which calls into question the ownership of more than half of the ex British colony.

• Wednesday, May 13th 2020 - 07:46 UTC

  Guyana's second offshore facility FPSO on schedule for first oil in 2022

  

  Liza Unity, an under-construction FPSO that will be Guyana's second offshore facility in production, remains on schedule for first oil in 2022, Hess Corp. announced. Guyana became an oil-producing nation in December 2019, when Exxon brought online the Liza Destiny FPSO.

• Saturday, March 14th 2020 - 08:56 UTC

  Recount of votes in Guyana election questioned by OAS observer mission

  

  The Organization of American States (OAS) election observer mission on Friday said it would be pulling out of Guyana because tabulation process for Region Four is unlikely to produce overall results that are widely accepted.

• Monday, March 9th 2020 - 07:24 UTC

  Guyana elections results blocked by the country's top court

  

  Guyana’s top court on Sunday upheld an injunction blocking the elections commission from proclaiming a winner in this month’s presidential election, delaying the results of a vote that has been marred by accusations of fraud.

• Friday, February 14th 2020 - 09:44 UTC

  ICJ to hold public hearings on Venezuela/Guyana territorial dispute in March

  

  The International Court of Justice (ICJ) will begin holding public hearings, next month, on Venezuela’s claim for more than half of Guyana’s territory. The first round of oral arguments starts on March 23 when Guyana will present its case from 10 am to 1 pm at the Peace Palace in The Hague.

• Friday, February 14th 2020 - 08:02 UTC

  OAS Observation mission to monitor March elections in Guyana

  

  The Organization of American States (OAS) and Guyana have agreed to send an Electoral Observation Mission to the Caribbean country to observe the general and regional elections of March 2, 2020, during a ceremony held at the headquarters of the hemispheric institution in Washington, D.C.

• Wednesday, February 5th 2020 - 06:49 UTC

  US shale fields starting to plateau; investors looking to Guyana offshore fields

  

  Shale pioneer John Hess said on Tuesday that key U.S. shale fields are starting to plateau, calling shale “important but not the next Saudi Arabia.”

• Wednesday, January 29th 2020 - 07:44 UTC

  Guyana rapidly becoming an oil major: 16th discovery in four years of exploration

  

  ExxonMobil today announced its 16 discovery in the Stabroek Block, located off the Guyanese coastline. The Texas-based company announced that it encountered 29 meters of high-quality oil-bearing sandstone at the Uaru well.

• Wednesday, January 22nd 2020 - 07:13 UTC

  Guyana ships its first ever cargo of one million barrels of oil

  

  A vessel carrying Guyana’s first-ever shipment of crude set sail on Monday bound for the U.S. Gulf Coast, oil major Exxon Mobil Corp said, marking the tiny South American nation’s long-awaited debut as an oil exporter.