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GUYANA OIL PRODUCTION
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...
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 ...
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...
The game in Guyana: Why Modi visited this small Caribbean countryIndian Prime Minister Narendra Modi is on a visit to Guyana. This is the first visit by an Indian Prime Minister in 56 years. Guyana has re...
India wants multi-year oil purchase deal with Guyana: Guyana ministerIndia is considering a multi-year oil purchase agreement with Guyana and aims to acquire stakes in the South American nation's exploration ...
India for predictable trajectory to cleaner fuel for orderly energy transitionThe recent reforms in the sector, including diversification of sources of imports and changes in gas pricing mechanism, ensured that prices...
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...
Chevron's game-changing $53 billion deal with Hess Corp: A bold step into Guyana's oil boomChevron Corp has announced a $53 billion all-stock deal to acquire its smaller rival, Hess Corp, in a move that will reshape the energy lan...
Chevron to buy Hess Corp for $53 bln in all-stock dealChevron has announced its plans to acquire Hess in a $53 billion all-stock deal, aiming to expand its presence in the oil-rich region of Gu...
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...
Exxon delivers record first-quarter profit on higher outputExxon Mobil reported a first-quarter profit of $11.43bn, a record double of a year ago and surpassing Wall Street estimates. While refining...
Indian, European oil firms evaluating bids for Guyana blocksThe South American country wants to quickly expand its oil industry and recruit developers to counterbalance an Exxon Mobil Corp-led consor...
India, Guyana to join forces in oil and gas"The leaders agreed on direct government-to-government cooperation across the entire spectrum of the oil and gas sector including increased...
IOC buys oil from Guyana, signs up term pact for US crudeIndia is the world's third-largest crude consumer and importer.
First Guyanese crude cargo to India on its way to Mundra PortIndia has asked refiners to speed up the diversification of imports to cut their dependence on Middle Eastern crudes after OPEC+ decided th...
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...
Exxon’s $40 billion oil discovery in Guyana sparks nasty feudFor Guyana — which produces no oil and whose 800,000 inhabitants live with unpaved flooded roads and power outages — the estimated offshore...