Oil and gas sector: Govt to handle sale of Guyana’s portion of crude oil – source March 24, 2024 0 …separate from ExxonMobil With first oil just around the corner, Guyana appears to be poised to market and sell its own portion of crude oil, as
This marks the first phase of crude sale and the second will involve a public Request for Proposals (RFP) for marketing services for Guyana’s crude. The Department indicated that this is in the final stages of preparation currently and in
One notable project included the ¬¬¬opening of bids for the marketing of Guyana’s crude. A total of 34 oil majors such as ExxonMobil and Aramco Trading Company, the Saudi Arabian multinational petroleum and natural gas company, and a few trading
Get PriceThe first batch of oil—a million barrels of Liza sweet crude oil on a Suezmax tanker Yannis P, headed for the United States, actualizing tiny the nation’s dream of exporting oil. Production commenced at Guyana’s promising Stabroek in December
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Get PriceA vessel carrying Guyana's first-ever shipment of crude set sail on Monday bound for the U.S. Gulf Coast, oil major Exxon Mobil Corp said, marking the tiny South American nation
Get PriceShipping will also see a boost. Oil tankers with low draft that can carry about 60,000 barrels will be needed to bring the crude oil from the Exxon Platform to the refinery and clean vessels will
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Get PriceSince Guyana began exporting crude in early 2024, its oil has flowed mainly to the United States, China, Panama and the Caribbean, according to tanker-tracking data.
Get PriceGuyana’s Department of Energy (DE) on Sunday issued a statement responding to concerns in sections of the media about the approach being taken to sell the country’s first three lifts of crude from the Liza Phase 1 Development set to come on
Get PriceSince Guyana began exporting crude in early 2024, its oil has flowed mainly to the United States, China, Panama and the Caribbean, according to tanker-tracking data.
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Get PriceMeanwhile, the sale has been premised on a Dated Brent price basis, which reflects the tradable, spot market value of crude oil. Earlier in the month, DoE Director, Dr Mark Bynoe and Crude
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Get PriceThis marks the first phase of crude sale and the second will involve a public Request for Proposals (RFP) for marketing services for Guyana’s crude. The Department indicated that this is in the final stages of preparation currently and in
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Get PriceGEORGETOWN –Guyana is to sell its first three million barrels of crude oil to the Barbados-based Shell Western Supply and Trading Limited for trial processing and cleaning, the Guyana Department of Energy announced Tuesday. The purchase is to
Get PriceSince Guyana began exporting crude in early 2024, its oil has mainly flowed to the United States, China, Panama and the Caribbean, according to tanker tracking data. India was a prominent importer of Venezuelan oil, but tight U.S. sanctions on
Get PriceThis marks the first phase of crude sale and the second will involve a public Request for Proposals (RFP) for marketing services for Guyana’s crude. The Department indicated that this is in the final stages of preparation currently and in
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Get PriceCrude Marketing Specialist, Virginia Markouizue said Guyana could not seek a Request for Proposal (RFP) at this stage because the aim is to first ensure that a designated refinery extracts the impurities and ascertains the true quality of the oi
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Get PriceEarlier this month, S&P Global Platts calculations showed China's implied crude oil stocks at the end of May were 33.12 million barrels higher compared with the end of April. Meanwhile, the country's crude oil imports were 9.51
Get PriceGuyana, new to the petroleum sector, sold its first one million barrels of crude on February 19, 2024, raking in nearly US$55 million. In its second million-barrel sale, the country received US$35 million, US$46 million as proceeds from the sale
Get PriceLast month, the Biden administration dealt the fossil fuel industry yet another blow after it proposed the introduction of a carbon tax in a bid to address the greenhouse gas emissions that contribute to climate change. White House National
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