Guyana

The Errea Wittu FPSO, ExxonMobil's fifth FPSO for Guyana, is set to push the country's oil output past 1 million barrels per day for the first time. The vessel, central to the $12.7 billion Uaru project, is named 'abundance' in the local language.

ExxonMobil is drilling the Rockhead-1 exploration well in Guyana’s Stabroek Block, approximately 213 km offshore, to target additional oil reserves. The Stena Carron drillship is conducting the operation, expected to finish by August 31, 2026. ExxonMobil Guyana holds a 45% stake in the block’s development.

Critics argue Guyana's ExxonMobil-operated Stabroek Block production sharing agreement lacks a ring-fencing clause, allowing costs from new developments to be recovered against earnings from producing fields. Stabroek production reached 900,000 barrels per day in late 2025 and averaged 903,000 bpd in April 2026.

Civil-society accountants warn that the absence of ring-fencing in Guyana's ExxonMobil-led Stabroek contract has cost the state billions as oil production exceeds 900,000 barrels daily. The alert highlights potential financial risks amid rising production.

ExxonMobil's CFO reported that AI identified four new drilling prospects in the Stabroek block in Guyana. The article notes no specific locations, resource estimates, or drilling activities have occurred yet.

ExxonMobil's fifth floating production vessel for Guyana has begun its journey to South America, aiming to significantly increase the country's oil production capacity at the Uaru project. The vessel is expected to contribute to Guyana's target of 250,000 barrels per day.

ExxonMobil achieved its highest upstream production in over two decades during Q2 2026, driven by increased output in Guyana and the Permian Basin. However, downstream maintenance reduced overall profit.

Guyana's Parliament approved GY$19.09 billion (~US$91.5 million) to accelerate the Gas-to-Energy project, which aims to bring offshore natural gas ashore and reduce electricity tariffs by 50%. The project is described as a flagship initiative in Guyana.

The UN Security Council conducted its first informal straw poll on July 30, 2026, for the Secretary-General bid. Rebeca Grynspan received 10 encourage votes, 1 discourage vote, and 4 no opinion, while Carolyn Rodrigues-Birkett of Guyana placed second with 9 encourage votes. Seven candidates are vying for the position.

The Caribbean Court of Justice has ruled that a U.S. extradition process against Guyana’s main opposition leader and his father can resume after it was disrupted by a legal challenge from the two.

Captain Kevin Price, Chief Mate Rondell Dwayne Roberts, and Goods Superintendent Delon Granderson face 72 murder counts in Guyana. They appeared in a Georgetown court on July 28, 2026, before the case was transferred to the Charity Magistrate’s Court.

A Southeast Queens family alleges a Jamaica funeral home wrongfully cremated their 93-year-old matriarch, Euvy Rodney, despite her death certificate specifying repatriation to Guyana for burial. The family, which includes 55 grandchildren and great-grandchildren, demands justice and has filed a complaint with the New York State Bureau of Funeral Directing.

Police in Guyana charged three men with murder following a ferry capsizing that killed 73 people and left 30 missing. Some lawmakers attribute the accident to government officials.

Guyana police filed murder charges against ferry captain Kevin Price, chief mate Rondell Dwayne Roberts, and cargo superintendent Delon Granderson following a ferry capsizing that killed over 70 people and left 30 missing. The government established an international commission to investigate the MV Barima's sinking, with survivors reporting overcrowding and leaks. The prime minister stated the ferry will likely remain submerged.

Guyana's government appointed an international team of experts to investigate the capsizing of the 87-year-old MV Barima ferry, which killed dozens in June 2026. The inquiry will examine potential negligence, overcrowding, and safety violations, with three individuals already arrested, including the captain who tested positive for marijuana.

A joint venture between oilfield services firm TotalTec and Guyanese partner aHa aims to direct more benefits from Guyana's offshore oil boom to local businesses and workers, in line with the country's Local Content Act.

Eco Atlantic and Navitas anticipate a new Orinduik block licence in Guyana by Q3 2026, offering a non-Exxon opportunity adjacent to Stabroek. The decision marks a strategic move away from Exxon's dominance in Guyana's oil sector.

Brazil faces a coup, and Guyana mourns 65 fatalities from a ferry sinking attributed to a drugged crew. Houthi missile attacks on Red Sea tankers have driven Brent crude oil prices above US$100.

WTI crude prices surged, prompting reactions from Latin American oil equities including Petrobras and YPF. The development is reshaping investment perspectives across Brazil's pre-salt region, Guyana, Mexico, and Argentina.

A capsized 87-year-old state ferry in Guyana resulted in 72 confirmed deaths, with 76 rescued and an estimated 100 potential fatalities, making it the nation's worst marine disaster. A multinational team salvages the vessel while a criminal investigation has detained three individuals, including the captain and crew members. Survivors allege the ferry was overloaded despite official claims of compliance with capacity limits.

A capsized ferry in Guyana has resulted in 72 confirmed deaths, with 76 rescued and an estimated 100 total fatalities. The 87-year-old MV Barima was en route to Port Kaituma when it capsized, leading to a criminal investigation and detentions, including the captain and crew members. Survivors claim the vessel was overloaded despite government claims of compliance with capacity limits.

Guyana ordered an independent inquiry after the MV Barima ferry capsized, resulting in 65 deaths. The incident occurred in Guyana and is being investigated.

Guyana's government is under pressure to explain the sinking of a state-run ferry that killed an estimated 100 people.

A ferry disaster in Guyana has left around 100 people feared dead, with 76 of the 179 believed to have been aboard surviving and 53 bodies recovered so far. Families of the victims are demanding answers.

A ferry capsized in Guyana over the weekend, killing at least 53 people. Survivors described experiencing terror during the incident.

At least 53 people died when the MV Barima ferry capsized off the coast of Guyana in South America. Rescue efforts are ongoing following the disaster.

A ferry capsized in Guyana with 179 people aboard, resulting in at least 27 deaths, including four children, and leaving many missing. Survivors described chaotic scenes and a swift sinking, while authorities investigate illegal overloading and crew drug use. Rescue efforts are transitioning to recovery operations.

Oil prices rose with USO up 1.25% tracking WTI. Petrobras, YPF, and Guyana's production were highlighted, while Ecopetrol's decline showed Latin America's varied oil market.

Guyana recovered 27 bodies after a ferry disaster, with the crew detained following drug test violations. The incident is the worst marine disaster in the country in decades.

A ferry capsized off Guyana, resulting in at least 27 deaths and 83 people missing, according to Prime Minister Mark Phillips. Sixty-nine passengers were rescued after the MV Barima overturned while traveling from Georgetown to the Essequibo region.

A ferry in Guyana capsized after being suspected of being overloaded, with at least 32 rescued passengers not listed on the manifest. A criminal investigation is underway, including tests revealing marijuana use by the captain and a crew member. The government is probing safety violations and manifest inaccuracies.

WTI's surge is positively impacting Brazil's pre-salt region, Guyana's oil boom, Argentina's Vaca Muerta, and Venezuela. However, Pemex continues to struggle with heavy debt.

A passenger ferry sank off the coast of Guyana, with dozens feared dead. No survivors have been found since Sunday afternoon, though 67 people, including 15 children, were rescued by Guyanese authorities.

A ferry capsized in Guyana, with dozens feared dead. Rescuers have saved 67 passengers, but the total number on board remains unknown due to an inaccurate passenger list.

An ageing ferry carrying more than 100 people capsized off the coast of Guyana, with 67 passengers saved and 66 still missing, according to officials. The ferry MV Barima was traveling from Georgetown to Port Kaituma in the Essequibo region when the incident occurred.

A ferry carrying 116 passengers and crew sank off the coast of Guyana, resulting in 67 people, including 15 children, being rescued. A search-and-rescue operation is ongoing for the dozens of missing passengers, marking one of the country’s worst maritime disasters.

A ferry named MV Barima capsized near the Pomeroon River in Guyana, carrying 116 people. As of Sunday, 67 passengers, including 15 children, have been rescued, and search efforts continue. Guyanese officials, including Prime Minister Mark Phillips, are leading the response.

A ferry carrying 116 people capsized off Guyana, with 67 rescued so far. Search efforts are ongoing to locate the remaining individuals.

A ferry carrying 116 people capsized off Guyana's Pomeroon River, with 67 passengers, including 15 children, rescued so far. The MV Barima was traveling from Georgetown to Port Kaituma when it overturned, prompting a search-and-rescue operation involving state and private boats. Authorities reported the vessel was equipped with life jackets and rafts, but no details on fatalities or ongoing search progress were provided.

A ferry carrying 116 people capsized off Guyana's Pomeroon River, with 67 rescued, including 15 children. The MV Barima was en route from Georgetown to Port Kaituma when it capsized, prompting a search and rescue operation involving state and private boats.