Exxon Mobil is in discussions with Dutch contractor SBM Offshore NV to build a fourth multibillion-dollar production unit to develop its Guyana oil discoveries, two people close to the negotiations said.The talks include the potential for some future platform assembly in Guyana, the people said. Guyana hopes to develop an oil industry infrastructure to boost the economy and job growth.
The first cargo from new oil producer Guyana to the world's third-largest crude importer, India, departed this month from a production facility off the South American nation's coast in a vessel chartered by trading firm Trafigura, data from Refinitiv Eikon showed on Tuesday.India has asked refiners to speed up the diversification of imports to cut their dependence on Middle Eastern crudes after
In the small city of Houma, Louisiana, about an hour southwest of New Orleans, volunteer rescue workers with a “Cajun Navy” group struggled in the wee hours of Monday to navigate streets strewn with trees toppled by Hurricane Ida's ferocious winds.The group had sped down from Lafayette after getting reports of people trapped by the fierce storm's floodwaters.
Guyana said late on Saturday that a Venezuelan navy vessel detained two vessels that were fishing in Guyana’s exclusive economic zone, the latest dispute in a long-running border conflict between the two South American nations.Caracas says much of eastern Guyana is its own territory, a claim that is rejected by Georgetown.