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GUYANA OIL ECONOMY
The stunning way China is using America's own playbook to hit the US where it hurts most, and Washington has no idea how to respondChina Detains Panama-Flagged Ships: Nearly 70 Panamanian vessels held in Chinese ports. COSCO suspending operations at Balboa. A $2 billion...
Global energy markets stable despite geopolitical turmoil, says Oil Minister PuriGlobal energy markets are stable with ample supplies to meet demand. India has diversified its energy sources, now sourcing crude oil from ...
Zombie ship shows Trump is targeting darkest corner of oil fleetA 27-year-old tanker, believed to be a 'zombie vessel' using a scrapped ship's identity, is heading to Venezuela. This tactic helps Venezue...
This Andaman Sea offshore well could unlock decades of energy potential for IndiaIndia has confirmed a significant natural gas discovery in the Andaman basin, marking a milestone in deepwater exploration. This find, at t...
Crude import bill may be pushed up after US tariffsPotential US tariffs on Russian crude oil imports could significantly impact India's energy sector. With Russia supplying 35% of India's cr...
Chevron share rises as it clinches Hess acquisition after winning Exxon legal battleChevron closes Hess acquisition after winning a legal fight with Exxon Mobil, securing its $55 billion deal and gaining access to Guyana’s ...
Chevron wins Exxon battle over Guyana oilfieldChevron is set to finalize its $53 billion acquisition of Hess after winning a legal dispute with Exxon Mobil over access to the Stabroek B...
India close to hitting Guyana-type 2 lakh crore liter oil jackpot in Andaman that may make us $20 trillion economy, says Hardeep PuriAndaman crude oil reserve: India's energy sector anticipates a potential game-changer as exploration in the Andaman Sea hints at an oil fie...
Guyanese soldiers face attacks in disputed Essequibo region, tension with Venezuela soarGuyanese soldiers came under attack three times in 24 hours in the oil-rich Essequibo region, escalating tensions with Venezuela, which pla...
India will drive global oil consumption growth: Phillip Capital"With GDP growth projections above 6 per cent annually, India's energy demand will continue to soar, and the country will remain heavily re...
IEA cuts 2024 oil demand growth view, sees surplus loomingThe International Energy Agency reduced its global oil demand growth forecast for 2024 due to weak demand in China. The IEA highlighted tha...
Oil surplus looms if OPEC+ hikes supply, IEA data showOil Supply: The International Energy Agency indicated that global oil markets may move from a deficit to a surplus in the coming quarter if...
Guyana diaries: Bhojpuri nights, ubiquitous Hindu temples & booming economyGuyana exudes a strong sense of Indianness that resonates deeply with visitors from India, particularly noticeable in Georgetown, its capit...
India's exports register healthy growth to European, Latin American nations in 2023India's merchandise exports have recorded healthy growth in European nations like Romania, Czech Republic, Montenegro, Finland, the Netherl...
Cabinet approves MoU between India, Guyana on cooperation in hydrocarbonsThe Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the signing of a Memorandum of Understanding (MoU) between the Min...
India's state refiners may sharpen competition for Venezuelan OilGovernment-controlled refineries in India, including Bharat Petroleum and Hindustan Mittal Energy, are reportedly seeking to purchase Venez...
The Guyana Way: How Indian oil reserves could act as a big ticket for global investmentGuyana is currently the fastest-growing economy in the world, with its GDP expected to grow by 38% in 2023. The country's rapid growth is a...
India sends out clear signal of its clout, foreshadowing coming changes in world oil sceneIf India is successful, it will set an example for other countries. As buyers see more affordable choices and renewable energy becomes incr...
Oil demand set for first contraction since 2009 due to coronavirus: IEAThe downward revision came as oil prices dropped as much as third in their biggest one-day fall since the 1991 Gulf War
Meet the economy that the IMF sees growing 86% in 2020Guyana, a country of 780,000 that neighbors Brazil and Venezuela in the region’s northeast corner, will see its economy balloon 86% next ye...