Author: Kiana Wilburg
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6 major updates on ExxonMobil’s US$55 billion Guyana projects
By Kiana Wilburg CEO, Guyana Energy Conference & Supply Chain Expo Head of ExxonMobil Guyana Limited (EMGL), Alistair Routledge recently held a press conference in the country’s capital, where key updates were provided on several matters. These include the company’s efforts to optimize production offshore and developments regarding the gas-to-energy project. Here is an overview… Read more
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John Hess cleared by FTC to be Chevron’s strategic guide on Guyana’s prime oil assets
By Kiana Wilburg, CEO, Guyana Energy Conference & Supply Chain Expo American oil producer, Hess Corporation, announced on Monday that the Federal Trade Commission (FTC) antitrust review has been completed, paving the way for clearance on its US$53 billion deal with Chevron. Notably, Chief Executive Officer (CEO) of Hess, John Hess, agreed not to serve… Read more
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Guyanese regulators take 20 critical actions in six months towards world-class oversight of oil sector
By Kiana Wilburg CEO, Guyana Energy Conference & Supply Chain Expo Laser-focused on having its oil and gas industry armed with world-class standards, the Guyana Government has implemented several measures in the first six months of 2024 to modernise its legislative and regulatory tools for management. Building on several key milestones reached in the past… Read more
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Guyana splurging oil wealth on training next generation of leaders
By Kiana Wilburg CEO, Guyana Energy Conference and Supply Chain Expo Recognising the importance of a well-trained workforce in driving long-term economic growth, the Government of Guyana is making a number of strategic investments in vocational training and technical skill development. One of the pillars of the government’s strategy in building human capital is the… Read more
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Guyana to earn US$2.6 billion from oil in 2024, smashing budget forecast by 10%
By Kiana Wilburg CEO, Guyana Energy Conference and Supply Chain Expo The Government of Guyana is poised to earn significantly more from oil revenues in 2024 than initially projected, thanks to increased production from the ExxonMobil-operated Stabroek Block. According to the mid-year report produced by the Ministry of Finance, the country is now expected to… Read more
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Amidst oil boom, Guyana’s diversification efforts taking root as economy grows by 49.7 % at half year
By Kiana Wilburg CEO, Guyana Energy Conference & Supply Chain Expo From all indications, it appears that Guyana will clinch the title as the world’s fastest growing economy for the fifth consecutive year, thanks to the oil boom and successful diversification efforts. The latest report by the nation’s Ministry of Finance shows that the country… Read more
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Careful planning can shield Guyana from oil sector pitfalls – T&T High Commissioner
By Kiana Wilburg CEO, Guyana Energy Conference & Supply Chain Expo As Guyana’s economic growth continues to move forward at a rapid pace, its regulators face a precarious tightrope. It is one that entails walking the fine line of balancing plans for diversification and human development. However, with careful policymaking, robust institutions, and regional collaboration,… Read more
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ExxonMobil shedding more assets to focus on treasure trove in Guyana, other countries
By Kiana Wilburg CEO, Guyana Energy Conference & Supply Chain Expo American oil giant, ExxonMobil, is intensifying its focus on high-value assets, such as its Stabroek block operations in Guyana, by shedding non-core oil assets in the U.S. Permian Basin. The company is reportedly looking to sell a selection of its oil and gas properties… Read more
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Breaking barriers: ExxonMobil’s US$100M Greater Guyana Initiative empowering women, supporting future innovators
By Kiana Wilburg CEO, Guyana Energy Conference & Supply Chain Expo The Greater Guyana Initiative (GGI), a $100 million commitment from Stabroek Block partners ExxonMobil, Hess, and CNOOC, is proving to not only be a catalyst for women empowerment, but also, a vital support system for the next generation of innovators. During an interview on… Read more
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To be leaders in Guyana’s development, local companies must invest in their own – Expert
By Kiana Wilburg CEO, Guyana Energy Conference & Supply Chain Expo If Guyanese are to be the leaders of the nation’s sustainable development, rather than passive participants, then local companies must play their part and prioritize workforce development. This insight was shared by international Sales Strategist and Professional Development Expert, Robin Singh. During his appearance… Read more