News Guyana Markets: Guyana oil exports jump, gain Europe market share in 2024
Guyana's oil exports rose 54% last year to some 582,000 barrels per day (bpd), fueled by European refiners' demand for easy-to-process sweet crudes to replace some Middle Eastern grades, according to traders and shipping data from financial firm LSEG. Since it started exporting oil in early 2020, the burgeoning oil nation has emerged as the fifth largest Latin American crude exporter after Brazil, Mexico, Venezuela and Colombia. But unlike Latin America's usual offer of heavy sour oil, Guyana's lighter and sweeter crude grades have carved out a rising share in Europe, where most refineries are not as complex as the majority of Latin American and U.S. Gulf Coast plants that turn heavy grades into motor fuels.
News Guyana Markets: Young trader who made $250 million on Russian oil eyes Guyana's $41 billion oil boom for his next big win: 'It's insane that nobody is looking at it'
A 31-year-old oil trader who made $250 million trading Russian crude after Moscow's invasion of Ukraine is now chasing his next big opportunity and it's not where most investors are looking (1).
News Guyana Markets: Lexston Mining Corporation Announces Incorporation of Wholly Owned Subsidiary Lexston Guyana Inc.
VANCOUVER, BC - June 29, 2026 (NEWMEDIAWIRE) - Lexston Mining Corporation (the "Company" or "Lexston") (CSE: LEXT) (OTCQB: LEXTF) (Deutsche Borse Frankfurt: L75) announces the incorporation of Lexston Guyana Inc., a wholly owned subsidiary in Guyana....
News Guyana Markets: ExxonMobil Grows South America Footprint With Guyana Vessel And Colombia Win
ExxonMobil (NYSE:XOM) agreed to acquire the FPSO ONE GUYANA from SBM Offshore for US$2.32b for use in the Yellowtail development in Guyana’s Stabroek block. The FPSO deal is intended to support ExxonMobil Guyana’s production capacity and long term oil output plans in the region. The company also resolved an arbitration dispute in Colombia tied to the VMM-37 block, gaining full rights and interests in the asset. The arbitration outcome allows ExxonMobil to streamline its position in the...
News Guyana Markets: Guyana: Agri officials push to regain lost regional markets
Guyana lost some of its export markets in the Caribbean region due to failures to adhere to regional sanitary and phytosanitary measures. Now, officials at ...
News Guyana Markets: Estonia, Slovenia among new rice markets for Guyana last year
Guyana's agriculture sector continues to make its mark on the international food market, with the British Virgin Islands (BVI), and European nations of Estonia and Slovenia being among the newest rice ...
